In the spirit of sharing (and adopting) best practices, i recently came across a best practice that might help facilitate the next round of layoffs and wanted to share it with fellow supervisors and managers.
The CEO of better discovered a very efficient (and practical) way to handle these types of situations. At EM, we’ve been meeting 1:1 with individuals getting laid off to explain the process and talk through their situation. By the 3rd layoff, i found myself just saying the same thing over and over again. Realizing this is a waste of time, and in turn, a waste of shareholder value, i began researching better ways to go about these layoffs
I recently found an article about the CEO of Better utilizing an extremely efficient approach to conducting layoffs. He was able to successfully reduce head count by 900 people on just 1 zoom call. I will be following this best practice for the next round of layoffs and wanted to share the best practice with my fellow colleagues