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Earlier quoted context omitted.
They had many opportunities to reverse that blog post. They didn't and doubled down.
Some people are willing to stick to their principles even if it costs them. We need many more such.
I wouldn't be surprised if this will become a case study in future in how to self-destruct a successful company with a single bad communication, much like Gerald Ratner (although this may be due to long-term grievances we're not aware of).
Didn't Coinbase do something similar and only have 5% take the buyout option? How is this so different from what Coinbase did?
1) Coinbase's corporate culture is more libertarian (where an argument on "don't focus on politics" may go across more reasonably) while Basecamp's entire corporate brand is based on power for employees.
2) Coinbase was about to IPO and thus taking a buyout is harder to justify financially, while Basecamp equity is essentially worthless.
I wouldn't be surprised if this will become a case study in future in how to self-destruct a successful company with a single bad communication, much like Gerald Ratner (although this may be due to long-term grievances we're not aware of).
I wonder if what you'll see is companies sorting into "politics encouraged" vs "politics discouraged" environments, and will be interesting to see the outcomes of these different types of workplaces.
Didn't Coinbase do something similar and only have 5% take the buyout option? How is this so different from what Coinbase did?
but also i think the founders kinda blindsided all the employees with the announcement which probably made it worse.
They offered a severance of 6 months salary if you've worked there for 3+ years... I would be tempted by that offer regardless of any other circumstances, especially in today's competitive jobs market.
Even if I liked the job I would take it. Six months paid holiday would be too good to pass up.
WTF Twitter? I clicked on the story. Clicked the back button. And Twitter had a big giant popup on THIS page suggesting that I install the twitter app. That had no obvious way to be removed. I have no idea how they did that. But I really hope that the advertising spam industry doesn't start abusing this to place invasive ads all over other people's pages.
Didn't Coinbase do something similar and only have 5% take the buyout option? How is this so different from what Coinbase did?
1/3 of your company choosing the buyout is way more significant than 5%
Earlier quoted context omitted.
It's awfully ironic, given how Basecamp has built their entire brand off of good management, and running a non-toxic workplace. Regardless of what people think of the specifics of the policy, it's a good case study in how not to do something like this. Releasing a blog post that results in 1/3rd+ of your employees resigning is bad management.
1/3rd of your employees so far . Would like to see how many stick around having to operate in an environment where a third of your coworkers just walked (based on past experiences when this occurred due to layoffs).
Didn't Coinbase do something similar and only have 5% take the buyout option? How is this so different from what Coinbase did?