At 200+ full time, I found being 100% transparent extremely difficult when lacking context (especially around cash in bank) because some took it as company was

At 200+ full time, I found being 100% transparent extremely difficult when lacking context (especially around cash in bank) because some took it as company was in bad shape, start looking for another job. However due to the recent downturn, I found being transparent about the company's cash position, why/how we were making cuts, and my (founder) decision to take on debt instead of attempt to fundraise (equity) in this environment a rallying force because most of my staff have significant stock options and being effectively bootstrapped while surviving (almost thriving) right now is really exciting. It also tamped down the seemingly endless requests for comp increases from earlier in the year as everyone shifted their priority to job preservation while realizing they have solid wfh careers.