Technical layoffs could occurThings get worse before they get better. This means that the next few months will be filled with companies trying to pivot to survival during this prolonged downturn.
At least that’s the definition of an entrepreneur. Nolan ChurchHe believes that the 2020 Carta layoffs were driven by a chief personnel officer named. It is estimated that another 30,000 to 40,000 technical employees will be laid off around the world in the first quarter of 2023 — a number that follows more than 100,000 layoffs so far in 2022, according to the layoffs data.
The church spoke to me on EquityLast week, he spoke out about how his experience in people operations, both at DoorDash and Carta, influenced his views on the best way to handle layoffs. He is also working on Continuum, a venture-backed startup which aims to match executive talent with full time startups. and partial opportunities.His vision of a more resilient workforce is a fitting one given the fact that thousands of employees are looking for work now, following the stampede that occurred this week.
All of my conversation with Church is now available wherever I find podcasts. So listen if you haven’t done so yet.Below, we have extracted four key extracts from the interview. They range from the CEO’s canned statements, to his thinking on how to reduce Twitter’s workforce.
Conversation
Let’s discuss Twitter ownership. Jack Dorsey tweeted a few days later that he had finally taken responsibility for Twitter’s overload. The delay in his response attracted a lot attention. This made me wonder if the standard was rising for how employees expected CEOs to respond to large-scale layoffs.
Over the past 12 year, the pendulum swung back and forth between employers and employees. Employers have tended to favor employees. Now, the pendulum has started to swing backwards. If you can predict where the next five to 10 years will take us, the best talent will always be at the top. I believe that staff will have more power in the future. They will also remember how companies handle this moment.
To your opinion on Jack, very truthfully, I think [his statement]He was very weak. Wait for him to speak. Send two sentences. As someone who has always followed Jack and been a huge fan for many years, I thought this was poor leadership. I expected more from him. If Jack is an employee and I am thinking of working for him in the future, I’ll think about it.
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