The issue here is that some (many) people need more guidance, because it's not their company, and they have no idea what it considers "the right thing". Should you hire such people, you can't just dump them like thrash because you can't be bothered to manage them properly.
Netflix is going to get into a truckload of legal issues if it tries to scale this practice internationally in countries with decent employee protection laws, which is most of the Western world outside the US.
Netflix sounds to me like a Randian cult.