What was the first sign that your company might be doing layoffs? Was it a random meeting addressed by CEO or some other shit?
If your company has hired too many people in the last 2-3 years and revenue has gone up just linearly then expect layoffs.
Service based as well?
Could you explain why?
(prev startup) Offsite events getting cancelled. That's what happened in my prev startup. Just when you see the point where the executives run away from questions. :)
Does such grapevine flow to employees from top management?
Being an investor in equity markets, i was aware of the fact that US market will crash as the free money by fed draws back. I obviously was not able to link this up with the funding dry-ness.
I still expect a founder to be aware of th...
Let me explain in detail. There are two parts to it and can be broken down basis PnL 1. Revenues : Sudden jump in...
1-on-1s getting scheduled by end of day, 3-month severance, just announced.
In your experience, what are some early signs that help detect incoming layoffs at a startup?
It could be company-wide, team specific or in a particular function only.
Hiring freeze, decreased marketing spend, founding team retreating away from day to day activities and meetings
After there was a layoff at your company 1- Impacted by layoff : Did your manager/team mates connect with you to keep you motivated? 2- The ones not impacted - Did your leadership/manager set up a team call to explain the reason for layo...
