Capital One Business is proud to support entrepreneurs and leaders working to scale their impact. As with every ad on Masters of Scale, the entrepreneurs you just heard from were real and unscripted because Capital One is a financial institution. The show is recorded remotely using sanitized audio gear. Visit mastersofscale.com slash rapid response to find the transcript for this episode.
Back in March of 2020, Danny Meyer laid off 2,000 people — that's 80 percent of staff at Union Square Hospitality Group, representing 20+ restaurants across the country. It was a heartbreaking decision made with full understanding of the impacts, short and long-term — or as much as can possibly be known in this volatile time. In this special episode, Danny shares why and how he acted so quickly, the process he and his team used to make this decision, the impact of the layoff, and what comes next for his industry.
Read a transcript of this episode: https://mastersofscale.com/danny-meyer-layoffs/
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