The Netflix layoffs reveal what corporate America is getting wrong

Last week, Netflix eliminated roughly 1,000 jobs and replaced its chief content officer, Bela Bajaria, who had spent years helping transform the streaming service into a global entertainment powerhouse. Netflix said Bajaria was "leaving" after nearly a decade. She wasn't departing to "spend more time with her family" or to "pursue other interests." Whatever the circumstances of her departure, she was out. Donald Trump turned firing people into a catchphrase on The Apprentice. But somewhere along the way, corporate America seems to have turned that sentiment into a management philosophy. Her replacement, Peter Rice, knows the experience firsthand.