Letting people go will never feel good, but with some thought and planning, founders can manage the process well and come out the other side stronger.
We have found that a sustainable approach to hiring has helped us navigate uncertain market conditions. Here is how we did it.
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Don’t forget that the code “EQUITY” can save you money
Companies are clamping down on budgets, but startup CEOs shouldn’t assume that costs will go down just because it was decided they need to.
In an economic climate like this, layoffs are a necessary evil. But what most founders don't realize is that you shouldn’t just optimize for efficiency — you must treat people with respect.
The point at which layoffs started to rise as a percentage of all changes to startup employment was loosely the same moment that everyone decided that paying 100x ARR was probably too much.
Not every q-commerce company will fail. But startups that raised huge sums of money to build super-rapid consumer delivery models are laying off staff, attempting to merge and otherwise stay alive.