Reply to Better.com video to lay off 15 percent of company

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I thought those people were laid off in part because they were supposedly only working like 2 hours.

https://finance.yahoo.com/news/better-com-ceo-accused-hundreds-161831980.html#:~:text=Vishal%20Garg%2C%20the%20founder%20and,a%20day%2C%20Fortune%20first%20reported.[/quote]

This is the part that resonated with me.  It is difficult to have employees/coworkers who don't pull their weight. [/quote]

Haha, you guys are being duped. First off, that’s just terrible management if you have to do a mass layoff of 4x as many people to nab some scofflaws. Second, where was their management, 2 hrs a day, they should have been canned a long time ago.

No, he just knows how bad he looked with his mass layoff right as they were infused with cash and having a huge pay day, so leaked this ‘blind’ as PR crisis management. [/quote]
As a small startup, they probably don't have the means to monitor everyone's laptop quickly. This was probably a long drawn out process.

The guy is a douche for doing this so close to xmas, though.[/quote]

They weren’t a small start up, they are a large company about to go public. Now that they are disparaging the recently lost off, hopefully some of them go after the company. [/quote]

They have $1B in cash on balance sheet, they can pay the $4/year monitoring software fee.

But regardless, this is a management problem; my manager knows what I’m doing, progress on my deliverables, and doesn’t need software to do that. [/quote]
I thought the cash infusion was recent.   In any case, it's still has a startup mentality, and as stated, startups are brutal.  They will cut employees if investors want to reduce expenses just before going public.

I'll say again, there is no such thing as loyalty.  My spouse got f*d over at a startup decades ago.  Again, this kind of action is not new.  [/quote]

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