"Massive" layoffs at Bravado?

Seeing posts on social about "massive layoffs" at our beloved Bravado.


Goes without saying I feel bad for those impacted.


Also makes me concerned for the viability of these beloved boards.


Should we cash out our commission asap?

๐Ÿน War Room
โ˜‚๏ธ Layoffs
32
sahil
Notable Contributor
36
Deepak Chopra of Sales
Thanks for mentioning this - I'll be writing about this publicly soon.

TLDR: We make our money off sales recruiting. Which means we lost 90% of our revenue last month as every company stopped hiring.

Forced us to make a really brutal decision. It was my fault that I didn't do a good enough job preparing for this truly worst-case scenario.

The trade off was putting us in a position where we have 4+ years runway even if we make $0 in revenue. So no, the war room isn't going anywhere.

But for now, my focus is helping those that are no longer on the team find new roles. I'll be back with what comes next soon.
BrianTracysLoveChild
Fire Starter
7
Account Manager
Great answer. With WFH - I miss people at the office and well, people in general. TNS, Bravado and some other things are helping me feel part of a community again.
CRAG112
Valued Contributor
4
Account Executive
That doesn't make sense. You're out there posting economic doom and what's coming since months and months ago. Yet you weren't prepared or saw it coming.

Come on.........
GrinchGotAPoint
Good Citizen
2
Service and Sales Associate
I appreciate the transparency, and even though I'm very new here, it gives me confidence that lessons will be learned for the future and that there's no way Bravado won't be able to weather this storm. It seems like an amazing resource, and I'm grateful it's here. Adaptability and resilience is what we do as salespeople. Sorry to hear about the loss of team members, and wishing them well. I've had a VERY interesting career, and if I've learned anything, it's that there's always another door to open. Keep up the great work, all! I'm proud to be a part of this community.
Mikey
Politicker
1
Senior Regional Director
I've really enjoyed this network. My company should be hiring quite aggressively in January. How can I get involved, Sahil?
productivitybro
0
Aspiring BDR
That's good to hear. Hopefully someone from WR reached out to you, otherwise I'd like to know what you need help with.
Lambda
Tycoon
0
Sales Consultant
Glad to hear the runway is there! Going to be a bright future but a dark short term it seems all around
Epictetus
Valued Contributor
0
SaaSy
@sahil, we are hiring aggressively in Jan, as well. Please let me know if I can help your team find a new home.
Pachacuti
Politicker
16
They call me Daddy, Sales Daddy
I saw this on LI but hesitated to post anything on it.

I saw a post of a now former employee's wife who talked in detail about the layoffs. It was a very gracious post and spoke to how @sahilis handling these layoffs versus the callousness of other companies which have hit the news recently.

I know that laying off people, especially good people with families to support, etc. is very difficult. I sincerely hope the best for all involved.
Samsamoon
Opinionated
7
Associate
Where money go. Most excellent leader sahil say many of time helping for job of persons lay off. Most noble of thing. Why now lay off? No hire of helping for job persons lay off other place? I love war room!
activity
Politicker
6
VP, Business Development
I hope Bravado pulls through. The information on these boards has helped so many sales professionals.
Sunbunny31
Politicker
5
Sr Sales Executive ๐Ÿฐ
Is it this Bravado or the network?

Edit: nmind, I found it.
CuriousFox
WR Officer
4
๐ŸฆŠ
This makes me a sad ๐ŸฆŠ
commissionaccomplished
Good Citizen
4
VP Sales and Account Management
Layoffs happen and itโ€™s a part of business. Even companies with the best intentions are not immune. Sounds like Bravado treated its team with respect and dignity. Sahil taking responsibility shows what kind of leader he is. How you deal with adversity shows a persons true character. Donโ€™t let this scare you away from sales, itโ€™s an amazing profession.
antiASKHOLE
Tycoon
3
Bravado's Resident Asshole
Where did you see the layoffs for Bravado?
braintank
Politicker
6
Enterprise Account Executive
LinkedIn post
antiASKHOLE
Tycoon
3
Bravado's Resident Asshole
can you add the link? Was it Sahil that posted it?
braintank
Politicker
5
Enterprise Account Executive
Don't want to dox anyone, but if you search for "bravado layoff" in LinkedIn it was posted within the last 24 hours
antiASKHOLE
Tycoon
3
Bravado's Resident Asshole
Thanks for that. What determines whether it is a "mass layoff" of if just that a few people were let go? @Gastywhat can you share. Many of us are truly invested into this platform and would like to know what this means for Bravado and the WR?
braintank
Politicker
5
Enterprise Account Executive
That's what piqued my curiosity. The post I saw said "mass" but I only saw post...
Gasty
Notable Contributor
9
War Room Community Manager
I'm not too sure about this. What I do know is that WR would continue to run the way it's running, with the same mission it's always had.
Sunbunny31
Politicker
3
Sr Sales Executive ๐Ÿฐ
Thanks for the calming remarks. Sorry for those who lost their jobs.
TennisandSales
Politicker
3
Head Of Sales
oh damn! that would really suck!
Kosta_Konfucius
Politicker
3
Sales Rep
Dang really sad to see
J.J.McLure
Politicker
3
Owner at *redacted*
Strange, they also have a couple job postings up
alonzoharris
Politicker
1
Partner Manager
Those are likely postings for other companies
HappyGilmore
Politicker
3
Account Executive
That's awful to see
ThatNewAE
Big Shot
3
Account Executive - Mid enterprise
Oh ouch, shit ! Where did you read this ?
alonzoharris
Politicker
2
Partner Manager
I saw one last night, wondering what it means for WR
Diablo
Politicker
2
Sr. AE
This is a sad news!
BlueJays2591
Politicker
1
Federal Business Dev Director
Sad to see but they will recover. Good companies usually do
goldengophers21
Opinionated
1
Account Manager
Absolutely huge bummer, hopefully those team members get re-employed ASAP
Justatitle
Big Shot
1
Account Executive
It is absolutely wild out in SAAS and tech right now. Makes me question every single career decision but who hasnโ€™t had one of those daysโ€ฆ
punishedlad
Tycoon
0
Business Development Team Lead
Dang... Not even the savages who support the savages are safe...
34
Members only

So, about those layoffs...

Official
24
11

Layoffs: engineering/product or sales/marketing?

Discussion
18
21
Members only

Meta layoffs

Discussion
35