layoffs

“The biggest mistake that I've seen time and again that people make is not making the cuts, but basically cutting a bit at a time, and while that seems well, we'll see how it's going, and we'll cut five percent, and then three weeks later, you realize, ah, we o…”

“I would definitely say that if you're cutting, cut deep and do it only once. Multiple rounds of cutting or like just dribbling it out destroys morale and it also destroys credibility.”

“Layoffs don't really solve anything. They're just little, they're little snacks, right? They make little incremental changes, but layoffs don't create growth on their own, right?”

“A lot of valuations will still crash from here dramatically. And there's probably going to be huge layoffs going into Q one, Q two as well.”

“Even layoffs are simpler, because layoffs is like computation. Cut, and you're just in two or three weeks, and you continue your work. But fundraising, it's like, just like, it's each day you're getting no, no, no, no, no, no, no, no, and you're starting to lo…”