The study is based on Netflix HR practices where HR managing people in an effective manner so that minimum losses can be occurred. The report will present the various recruitment practices which are adopted by the Netflix in which both the positive and negative impact of these policies have been briefly discussed. Furthermore, study will also discuss the hire and fire policy of the Netflix in which smart work is given a high importance and the impact of this policy is been identified on the overall performances. Moreover, various challenges will be evaluated in the current business environment. At last the report will present the opportunities that the firm can avail and recommend the ways in which the organization can gain competitive advantage over the other competitors.