This is Shocking - Layoffs
How can companies do this?
Is Cloudflare CEO Matthew Prince the worst leader of people on the planet????? 9 months ago, he publicly gaslit his entire sales team durin...
https://www.linkedin.com/posts/sahilmansuri_is-cloudflare-ceo-matthew-prince-the-worst-ugcPost-7151577172674002944-xy6u?utm_source=share&utm_medium=member_android
Kalan Dean
Stealth
10 months ago
Message from the CEO
“We fired ~40 sales people out of over 1,500 in our go to market org. That’s a normal quarter. When we’re doing performance management right, we can often tell within 3 months or less of a sales hire, even during the holidays, whether they’re going to be successful or not. Sadly, we don’t hire perfectly. We try to fire perfectly. In this case, clearly we were far from perfect. The video is painful for me to watch. Managers should always be involved. HR should be involved, but it shouldn’t be outsourced to them, No employee should ever actually be surprised they weren’t performing. We don’t always get it right. And sometimes under performing employees don’t actually listen to the feedback they’ve gotten before we let them go. Importantly, just because we fire someone doesn’t mean they’re a bad employee. It doesn’t mean won’t be really, really great somewhere else. Chris Paul was a bad fit for the Suns, but he’s undoubtedly a great basketball player. And, in fact, we think the right thing to do is get people we know are unlikely to succeed off the team as quickly as possible so they can find the right place for them. We definitely weren’t anywhere close to perfect in this case. But any healthy org needs to get the people who aren’t performing off. That wasn’t the mistake here. The mistake was not being more kind and humane as we did. And that’s something
and I are focused on improving going forward.”
I dunno but 6 months, backing for a great brand, closed 0 deals, blamed market and holidays for deals not getting closed - not entirely an AE anyone would want to keep in the team.
But definitely the firing process should have had the hiring manager. There were better ways to do this.
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by Karilyn Carmden
Series A Startup
US based startup laid off entire workforce on a 2 min Google Meet call. Waah.
Frontdesk, a proptech startup overseeing 1,000 furnished apartments nationwide, terminated its entire 200-person workforce due to funding ch...
https://m.economictimes.com/news/new-updates/company-lays-off-entire-200-employees-over-2-minute-google-meet-call/articleshow/106519322.cms