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This Week in Startups
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Navigating Layoffs and Strategic Planning
This chapter explores the fallout of layoffs at a tech company and the lack of direct communication to affected employees. It emphasizes the critical need for transparency in corporate practices while discussing the importance of strategic planning for startups in turbulent economic times. Founders are urged to prepare for various financial scenarios to ensure sustainability amidst market fluctuations and to avoid the pitfalls of excessive spending.
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