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Chapter

CEO fires 900 people on Zoom
listen on Spotify
49:57 - 53:27 (03:30)

A CEO fired 900 employees over Zoom in a bizarre and impersonal manner, offering them two to four weeks of severance pay. Prior to this, he could have gone through a thoughtful process to rectify issues and maybe only cut 10% of the company.

Clips
A company CEO fired 900 employees via Zoom in a bizarre and impersonal way instead of using a thoughtful process, with severance packages ranging from two to four weeks.
49:57 - 53:27 (03:30)
listen on Spotify
Layoffs
Summary

A company CEO fired 900 employees via Zoom in a bizarre and impersonal way instead of using a thoughtful process, with severance packages ranging from two to four weeks. The CEO acknowledged his previous experience of needing to layoff employees, stating that he cried and would try to do better this time.

Chapter
CEO fires 900 people on Zoom
Episode
E58: November's CPI, preparing for a downturn, macro outlook, Better.com's botched layoffs & more
Podcast
All-In with Chamath, Jason, Sacks & Friedberg