This is the opposite of how you should do any type of layoff. This was a rush job, and the execution was amongst the worst i've seen. It's been a really, really challenging decision to make. The last time i did it, i cried. This time i hope to be stronger. I'll see you on the other side.
All news today. Jason recaps his Art Basel experience (1:55), meeting Beeple, being ultra candid with the JUUL CEO (6:58) and interviewing Cathie Wood & Tiffany Zhong about crypto at 500 Global's Pre-Money conference (17:23). Then, he breaks down the Better.com CEO's 900-person layoff over Zoom (31:36).
Forbes Article mentioned:
https://www.forbes.com/sites/kerryadolan/2021/12/03/investor-cathie-wood-on-bitcoin-why-she-sold-stocks-in-china-and-what-her-firm-is-buying-now/