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Airbnb laid off 25% of the workforce, that has widely been regarded as a model for layoffs 1. Every employee had a zoom 1:1 2. Employees were given several mont
by dmode 5y ago
Airbnb laid off 25% of the workforce, that has widely been regarded as a model for layoffs
1. Every employee had a zoom 1:1
2. Employees were given several months of pay, benefits, and allowed to keep their laptops
3. Employees were allowed to vest their stocks for the next window
4. Airbnb created an alumni, portal, slack channel, and a resume book to help them find next jobs
5. Founders hosted several zoom calls for impacted and non impacted employees. The last one was a 10 min standing ovation to departed employees
6. Airbnb also created a policy with a right to first job to former employees
This was the right way to do layoffs