Re:Buffer Layoffs
by bovermyer on Thursday June 16, 2016 @04:45PM
(#11918742)
Not only that, but the founders themselves took a 40% pay cut each for the next year. That says to me that they value their employees enough that they chose that route rather than lay off an additional person. It's a strong gesture.
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Re:Buffer Layoffs
by abglassman on Thursday June 16, 2016 @05:06PM
(#11918864)
And the founders each loaned the company $100k out of their own pockets at "the lowest possible interest rate."
There's a lot of laudable humility and self-accountability in this post and the actions they've taken.