Transcript excerpt from a YouTube conversation (host Mike Andes and another speaker) about the difficult decision to let a family member (a brother) go from a business to protect the company. The speakers discuss feelings of guilt because the employee is getting married soon, and a specific financial detail is mentioned: "$96,000 in debt."
The one guy he put in his two week notice date and then your.
Brother is the other one.
Yeah. So my wife keeps saying to fire him or let him go.
Well this is easy. Then it all happened for us.
He's getting married in May so I'm like I don't want to take away his livelihood income. I don't know, I just, I feel bad.
I understand. But he's not $96,000 in debt.
That's true.
Right. Like you're taking the brunt of his problem on but ultimately if the business fails like he is going to lose his job and that's actually what's happening. I don't like giving people time between when you're letting them go but in this case you're not replacing them. It is like you're just taking the humble pie of like I'm going back to being by myself and I've got to like fix the business.
