3 ms·
The incentives here are wrong. During the early phase of a company the goal is growth. Hire. Scale. Build. Win the land grab at all costs. Years later when gr
by josho 4y ago
The incentives here are wrong.
During the early phase of a company the goal is growth. Hire. Scale. Build. Win the land grab at all costs.
Years later when growth has slowed it becomes important to transition to operational efficiency. For many startups that means lowering headcount some just from attrition, but right now it seems layoffs is in style to accelerate the transition.
Regardless, investors pushed the CEO to grow fast. Under the current model it isn't fair to punish the CEO for executing on their mandate. I acknowledge it isn't fair to the employees either. Just offering a different perspective.
- mc32 4y agoThere are pluses and minuses for the affected employee. On the one hand you get hired and get experience which can help you land your next job. A more conservative approach would leave the potential employee unemployed and inexperienced.