The only possible positive thing out of this cringy article is that the severance is decent (for a US company). 4 months of pay and healthcare coverage through Year end. Everything else could have just been a couple of sentences. Companies need to stop doing this melodrama every time they decide to fire people. Everyone knows the goal is to make money and keep a company profitable for their shareholders. Why these me…
If we are going to be honest we should be completely honest. "We want to increase our profits and hence we choose to lay people off."
The only possible positive thing out of this cringy article is that the severance is decent (for a US company). 4 months of pay and healthcare coverage through Year end. Everything else could have just been a couple of sentences. Companies need to stop doing this melodrama every time they decide to fire people. Everyone knows the goal is to make money and keep a company profitable for their shareholders. Why these me…
It’s because, and I say this as a person who has made these calls, some leaders do feel a genuine responsibility for the people that work for them. Perhaps too, the ones that don’t, want people to think that they do. But as a founder and CEO by far the most emotionally taxing thing I have ever had to do is cut staff for the good of the company. You want to treat people the way you would want to be treated if you were…
I am a founder/CEO myself (a very small company so I don't have experience of mass layoffs for full disclosure). However, I don't get this explanation. If you feel genuine responsibility for the people, then figure out a way to NOT fire them. Or be honest and admit that the company needs to make more money/cut costs. Trust me, no one wants to hear "we love you so much but we have to fire you and I feel so bad". It just doesn't land. Be honest, be open and be willing to provide a good severance.
I watched this dudes youtube channel where he makes music for years before I ever knew he was the CEO of pateron. It was a bit of a wtf moment when I found out.
The only possible positive thing out of this cringy article is that the severance is decent (for a US company). 4 months of pay and healthcare coverage through Year end. Everything else could have just been a couple of sentences. Companies need to stop doing this melodrama every time they decide to fire people. Everyone knows the goal is to make money and keep a company profitable for their shareholders. Why these me…
It’s because, and I say this as a person who has made these calls, some leaders do feel a genuine responsibility for the people that work for them. Perhaps too, the ones that don’t, want people to think that they do. But as a founder and CEO by far the most emotionally taxing thing I have ever had to do is cut staff for the good of the company. You want to treat people the way you would want to be treated if you were…
These posts seem more like emotional therapy for the founder, helping them cope. It's not about the people being let go at all.
Exactly. I would be insulted if I was part of this layoff, brutal honesty would be much better
Not trying to be snarky, but how exactly? How would it help your mental health to be told "your work was borderline useless anyway and we needed to get rid of you to boost shareholder value. Goodbye!"
> How would it help your mental health [...]
...to be told the truth? Quite a lot.
I've been inside companies that had to right-size their teams, it's not pretty, but my goodness honesty from management is better than pretending.
Honestly the most interesting thing to me here is that to took nearly 500 people to run Patreon.
Make me always question what is going on in these companies. They are essentially a middle man reoffering payment providers services. Host some content. Lot of time just links to external platforms. There is some marketing but not really that much. They really should be running sustainable service for like tenth of that many employees... If even that. Most of the people don't care about them just the creators on thei…
I never understand these replies. Has nobody ever worked for a medium sized, yet global-reach company? I think a lot of HN has a very narrow view of how many different roles are required to run a company bigger than a local diner. Feels like a weird confirmation bias where “I only see a dozen engineers around me every day, therefore companies only need engineers to function.”
I tend to agree. But the devil's advocate in me says that then they'd be accused of not having empathy. That sort of thing might work in Europe — but for a US company, I think you have to pay some lip service to emotions.
"Not having empathy" may have made sense 20-30 years ago when mass layoffs weren't as common as nowadays. Nowadays, everyone knows how it works and how much they really care about the employees. Nothing is worse than someone faking empathy especially CEOs (and I am a small time founder/ceo myself even though of an extremely small company).
20 to 30 years ago was 1996 to 2006. Layoffs were very common, due to outsourcing to cheaper countries. It was common knowledge in my college years of the early 2000s to not expect a long tenure at any employer, and to always be applying to new positions.
Exactly. I would be insulted if I was part of this layoff, brutal honesty would be much better
Not trying to be snarky, but how exactly? How would it help your mental health to be told "your work was borderline useless anyway and we needed to get rid of you to boost shareholder value. Goodbye!"
Because that's the truth and just because you fake empathy, the person getting fired knows what their worth to the company was. Sure there are people who don't prefer to hear the truth but most employees would. In fact, I would go as far as to say that firing someone by accepting the truth is more empathetic than lying to their faces and crying crocodile tears.
> A $1,500 stipend to replace your company laptop. It seems like a wild choice to give a specific figure as additional cash rather than just letting them keep their (wiped) laptop. That additional cash will be taxed (as should a laptop that is left with the ex-employee, but the used laptop can be valued and taxed as a used laptop rather than a $1500 cash payment [and frankly would often be, um, overlooked...). It see…
Might be different in USA? But while just about every reimbursement or perk is indeed taxable here in the EU… It is also used as a measure of how much you earn when calculating unemployment benefits, parental leave, and pension and such. For my own part about 23% of my pre-taxed income is paid to my pension fund.
I tend to agree. But the devil's advocate in me says that then they'd be accused of not having empathy. That sort of thing might work in Europe — but for a US company, I think you have to pay some lip service to emotions.
"Not having empathy" may have made sense 20-30 years ago when mass layoffs weren't as common as nowadays. Nowadays, everyone knows how it works and how much they really care about the employees. Nothing is worse than someone faking empathy especially CEOs (and I am a small time founder/ceo myself even though of an extremely small company).
Even big US companies today are full of "Is this good for the company?", "Our company values" and other cringe-inducing loyalty/ethics-related propaganda, about as much as 30 years ago. So they are keeping the charade, for better or worse, even though it is as much hypocrisy today as it was 30 years ago.
(Maybe 60 years ago it wasn't hypocrisy, but I lack personal evidence).