Their reputation might not be quite as stellar as it once was, but afaik nowhere near enough of a drop to overcome the fact that they've made a lot of top-tier hires and are still paying top tier comp - I think they're still a very desirable place to work and have on a resume.
Sure, but they are much smaller than the real "big tech": Apple, Amazon, Google, Meta, Microsoft. They are also still mono-product unlike the big tech that span multiple domains.
It doesn't make much sense to make a group of big tech companies with Netflix and leave out Microsoft.
Oh, yes, I completely agree Microsoft should be in “FAANG” (and that acronym is outdated).
But for the question of whether Netflix's compensation and reputation are still at that level - reputation maybe is debatable, comp is definitely still there.
Their reputation might not be quite as stellar as it once was, but afaik nowhere near enough of a drop to overcome the fact that they've made a lot of top-tier hires and are still paying top tier comp - I think they're still a very desirable place to work and have on a resume.