Is there really a good way to layoff your employees?
Earlier this week, AirBnB's co-founder and CEO, Brian Chesky, released an official statement that they would have to layoff up to 25% of their employees. Knowing that the travel industry has been hit especially hard during this pandemic, Brian's letter only confirmed the inevitable.
Typically, when companies layoff employees, it's a diplomatic, unemotional affair for the employer. In contrast, the employee is often given some vague reason as to why they were shown the axe and forced to sign a bunch of paperwork to terminate their business arrangement.
Not AirBnB. Brian did it very differently:
Because of Brian's very honest, emotional, and transparent communication, his statement has been hugely recognized in the business world as the new global standard for how a company should handle layoffs. He exercised compassion and leadership, even whilst making such a difficult, impactful decision.
So, is there really a good way to layoff your employees? Apparently so.
Here's the whole letter: Brian's Letter to AirBnB.
Let’s take notes.