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Interesting video, but it doesn't really apply to this discussion. The author stated that he kept everyone employed through the transition. He saw an area to gr
by gwbas1c 2mo ago
Interesting video, but it doesn't really apply to this discussion. The author stated that he kept everyone employed through the transition. He saw an area to grow his business into, and transitioned the Etsy staff to it. (As opposed to laying them off.)
One thing I don't understand is why he didn't sell the Etsy part of his business.
- pbronez 2mo agoYeah no layoffs in that example. The connection is that it's very easy for the carpenters to see the Etsy business as "crucial," but the CEO decided to kill that entire line of business. From an individual career perspective, you could have mis-identified this and focused on being the guy who manages the Etsy storefront. Selling the Etsy side of things is an interesting idea. I wonder how you could do that without also selling off the tools and things you need for the SKUs you want to keep. I don't think they had distinct brands, for example.