Back
The War Room
Discussion
Post

Covid Layoffs

I was laid off at the start of covid in 2020, luckily i got picked up quickly from a company i had been talking to for a bit. Others were not so fortunate and i feel you, happy to help any way i can ps.


Point of post, we at my new company now in December 2020 had a RIF and let 25% of the company go, which EBITDA concerns and looking at future fiscal notes made sense but still never easy. We then had a wave of second voluntary attrition end of Q1 after bonuses went out.


Question- Did anyone else go through this? My team went from 15 to 9, and the effects are still there and weighing on people. Does anyone have some magic motivation or words of encouragement they used in a similar situation? Did anyone have or in a similar situation?


Looking for some guidance on how to keep morale high with the remaining cast. Did raise all their pay, couple promotions, working on spiffs, but am i missing something easy? And yes im having open and honest conversations with them all still. Thanks in advance.

Were you and/or your team affected in the Vid Layoffs
Attached poll
*Voting in this poll no longer yields commission.
๐Ÿ’†โ€โ™‚ Mindset
๐Ÿ™ Corporate Experiences
๐Ÿ˜ค Conflict Resolution
11
1nbatopshotfan
Politicker
+5
Senior Director, Enterprise Technology
Really canโ€™t beat the open and honest convos. Itโ€™s a tough spot but letting them know they are supported and have the business behind them, to the best of your knowledge will matter.ย 
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
Agree whole heartedly but do they even believe me anymore, the worst part is right before the RIF we had an all hands on how well the business was doing, at least dont do that first. And as management with a team impacted i knew this shit was coming for a month. Gross, thanks for advice! Appreciated
1nbatopshotfan
Politicker
+5
Senior Director, Enterprise Technology
All you can do is express exactly what you know, without any fluff. Itโ€™s an impossible situation. But it has to be: these are the facts, this is what I know, this is what I donโ€™t know. Iโ€™ve been there and itโ€™s not easy.ย 
Show 3 more replies
sahil
Notorious Answer
+13
Deepak Chopra of Sales
We were lucky to avoid COVID layoffs for our team, but saw many close by affected. Tough stuff friends.
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
That's awesome Sahil. I'm glad you didn't have to. Onward we go!ย 

I am taking hindsight is always 2020 out of my list of sayings because 2020 was bullshit.ย 
Salespreuner
Big Shot
+11
Regional Sales Director
That's so true. Glad to know about your team ๐Ÿ’ฏ
YoungMoney
Good Citizen
+2
Director of Sales
I was let go due to COVID, but it opened the door to some other opportunity, so I'm not personally too worried about it.ย 

I agree with @1nbatopshotfanย on open and honest conversations. You'd be lying to yourself if you don't think conversations are happening outside of office hours with individual contributors. My previous company has probably seen a 50% RIF/attrition and it's a toxic conversation outside of management's eye.ย 
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
Yes! That is exactly why i want to be ahead of it, i know its happening i refuse to pretend. Glad you found a good opp and quickly in a trying time, kudos!ย 
funcoupons
WR Officer
+10
Sales Advisor
I got laid off from my recruiting gig in March 2020, took that as an opportunity to apply for a different role and started at my company in summer 2020. I'm actually thankful for the layoff. I wasn't happy at my old company and was thinking of leaving soon anyway, but the layoff sped up the process. My current company has not laid anyone off due to covid.ย 

Having open, honest conversations with existing staff is key.ย  Management has to make tough business decisions and most employees will understand IF the communication has been honest from the get go. IE - Don't tell people their job is 100% secure when you know the company is talking layoffs.ย 
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
Right, that last sentence is life!!ย 

I was also unhappy and leaving anyways at the layoff spot, i was thrilled to get cut as i was very unhappy, ended up banking some severance too!ย 
TheQueenofDiamonds
Valued Contributor
+4
Account Executive
Oh, this is a tough one.. not sure how to help with motivation, it's so personal. Did you try team only discussions? Or maybe an annonimus poll? Good luck ๐Ÿ€๐Ÿ€๐Ÿ€
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
Yeah we've done the team discussions and one on one discussions. Seems ok, though my direct report who oversees the team still thinks there are flight risks. Its a bummer and I get it. We are on the path to wellness I think. Thanks for post!ย 
BlueJays2591
Politicker
+6
Business Development Manager
I moved from Omaha to Denver in February of 2020 for a new role and got laid off in March. company cut down roughly 50-60% of headcount. thankfully I got picked up by another company 3 days after and have loved every second of being here. so it worked out, but moving to a new, and expensive, city and getting laid off immediately was rough.
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
Yikes, that is insane but glad you made it work. Scary times, but you are happy and thats all that matters. Keep crushing it!ย 
Hotlead
Politicker
+6
SDR
Two SDRs were fired literally yesterday they are trimming the fat if they are not producingย 
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
I mean, that is one way to move on from poor performers and have an "excuse". Unethical but i get it too. Protects from lawsuits to trim some poor perfromance
ou
ounceoz
WR Officer
+4
Chief Revenue Officer
Got RIFd in July and did my own thing (consulting/biz advisory) Now just started a new gig. The company that let me go just closed its doors.

Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
Blessing in disguise, glad you landed on your feet! Congrats on the new role!ย 
ou
ounceoz
WR Officer
+4
Chief Revenue Officer
Thanks!
DonDraper
Politicker
+4
National Sales Manager
I was a Sales Leader of 9, team got cut to 4 after COVID hit here in Australia. The company reacted very quickly, but did begin to hire back those let go after a few months. But none of which were in the Sales team.... go figure
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
That's odd. They still bringing people back?ย 
Salespreuner
Big Shot
+11
Regional Sales Director
Luckily, not yet! Hope not!
2
For those in SaaS did you demo/present/meet in person prior to covid?
Question
5
Did you travel for the purpose of presentations/demos or was it all over zoom/erc
+18
verbalzzzzzz , ย  antiASKHOLE , ย  BossBitch ย  and 18 people voted
*Voting in this poll no longer yields commission.
9
COVID19 Vaccine
Discussion
60
Did you get the Jab?
Ra
+83
Beans , ย  Raleigh , ย  Artemis ย  and 83 people voted
*Voting in this poll no longer yields commission.
5
Covid-19 Pivot
Discussion
6
Did your company pivot due to Covid-19?
+5
verbalzzzzzz , ย  BCD , ย  TheRealTommyCallahan ย  and 5 people voted
*Voting in this poll no longer yields commission.