A short excerpt from a YouTube talk (created/uploaded by Jason M. Lemkin) about handling layoffs amid recent industry disruption. The speaker reflects that the past 12 months have seen increased disruption, describes layoffs as extremely hard decisions, and notes having experienced both making layoffs and being laid off personally.
Chapters
I would absolutely echo that. I think in this last 12 months at least, there's been a lot more disruption in our industry than we would like. Anytime that you are, you know, I think the worst day, absolutely, is any day that you have to face a layoff, you know, making those hard decisions about the future of the company versus just these amazing people that have invested in the company's success and where you've invested in their success. And that is always ext extremely hard. And I've been on both sides of it. I've been on the side where you're making the hard decisions, and I've been on the side where I was being let go. And so I think that's really, really tough. I think, you know, the ability to make kind of the tough decisions, you know, even if they may affect people that you admire, that you respect and that you love, is always really difficult.