Maximas
Tycoon
3
Senior Sales Executive
Culture: Everyone thought he would be the next one at the Layoff circle, and most of us believed that the what happened to the rest was way unreasonable and unjustified !

Leadership Motivation : After trying to justify what happened, they pushed the idea that we've done better for business that's why we stayed and promised with extra incentives if we exceeded our quota with much more promotion vacancies to come after the next project expansion.

Leadership F*UP : But what actually happened though that they kept pushing on targets and even got em higher and expanded the PIP policy for those who missed all or even some their metrics that was leading to termination eventually!
starson
Good Citizen
1
Senior Sales Manager
Ouch. Sucks. Sorry to hear that.
starson
Good Citizen
3
Senior Sales Manager
Love the approach. Thanks Tennis.
Hope there are some with a positive experience.
Kosta_Konfucius
Politicker
3
Sales Rep
So working remote for a large company, when the layoffs happen. It was handled very different than I thought.

Luckily no one in my org or anyone I interact with got laid off, however it’s weird how little it was talked about. I even found out via LinkedIn. Not a All Hands announcement.

As far as culture, there is an uncertainty if there will be another. Or what’s to come in the near future. Which is never fun
TennisandSales
Politicker
1
Head Of Sales
damn having to find out on linked in is kinda crazy haha
Kosta_Konfucius
Politicker
1
Sales Rep
It’s better than the Google way, but still not good
Sunbunny31
Politicker
3
Sr Sales Executive 🐰
At my last org, it happened from time to time, when underperforming departments just got let go. One memorable time was the entire floor above us - poof. As a large company, however, and actually having some compassion, it was a WARN period, and often those reps found other positions within the company. If not, fairly generous severance. Layoffs often happened right at the beginning of Q1 and you'd know it was coming. There would be a lot of the same thing: trying to network with your laid-off buddies, hoping they'd find something. Keeping track of them on LI to see where they landed.
CuriousFox
WR Officer
2
🦊
WARN - I always forget about that.
FinanceEngineer
Politicker
1
Sr Director, sales and partnerships
In the past, it was a consolidation of power with targeted needs of people who can sell into certain customers/targets. I find it as an over-hiring of generalists or a pre-mature product.

Currently I’m in a weird situation where we are hiring and I have no idea how to respond to multiple inbounds from people that I used to work with.
CadenceCombat
Tycoon
1
Account Executive
Nothing to contribute but great post. Wish I could fav this one.
GDO
Politicker
1
BDM
Is there anybody that can tell me more about survivor guilt?
SaaSyBee
Politicker
1
Founder
Still hanging on after 3 rounds of layoffs.

The culture has been cringey unfortunately. Most people are still understandably feeling disillusioned and upset. The company is trying to promote a more connected culture, but struggling to do so because they're not necessarily addressing the issues head-on and trust is broken.
punishedlad
Tycoon
1
Business Development Team Lead
I made it through the first round of layoffs at a previous employer as an SDR.

Half my team was let go, including my manager (this really chapped our cheeks, everyone loved him).

Morale was in the dumpster for months after and leadership continued to screw it up. It all stemmed from a new CRO that our board hired. He was absolutely trash.

I started looking for new work as soon as the first lay off happened. Our weekly (self organized, since we no longer had a manger) SDR meetings just turned into bitch fests where we all aired our grievances.

I accepted an offer from another company the day before the rest of my team was let go. Really dodged a bullet there.
RedLightning
Politicker
1
Mid-Market AE
I'm one of the last left on my team. We all kind of saw it coming, but didn't think it would be so sudden.

Morale was low for a while, but things are normalizing. Overall team performance is not great though and the general consensus is that everyone feels like they're on the hotseat. US employees view themselves as more expendable b/c of how much more expensive our health insurance is than our canadian counterparts.

Culture hasn't changed much outside of being 100% remote.
Leadership changed a bit and has offered more deal to deal support
I wouldn't say they have continued to fuck it up, but our sector is getting hit hard. So, company performance is not great ATM.
Juancallclose
Catalyst
1
Director
From my experience:

1. That was effed up
2. Hope ______ is ok
3. Glad it wasn't me.
3b. I hope I get his deals
4. Oh God, I'm likely next. Better start looking.
5. Let me put out a LI post wishing those laid off the best but to also highlight that I'm badass enough to still be around.
Juancallclose
Catalyst
1
Director
I live in the west coast. Woke up one morning and my east coast colleagues had either gotten laid off or were talking about it. I tried to slack them and they were already gone
TennisandSales
Politicker
0
Head Of Sales
damn!!!
Juancallclose
Catalyst
1
Director
Yea dude, so I wake up and the founder sends a very scary letter and the Chicago guy was like "wtf is that about." He sent that message to me at 7 PST, when I tried to respond, he was already deleted. It was maybe one hour difference? Scary times
Space_Ghost20
Valued Contributor
0
Account Executive
The company that laid me off, had multiple rounds of layoffs. I was part of the second round, so I was in the "survivor seat" for a bit.

There was definitely a lot of tension, especially in any interaction involving leadership. My direct manager reassured our team (the 5 of us left) that the CEO gave him his word that there would be no more layoffs involving the sales team for at least the remainder of the year (we were in Q3 at this point). Other than that empty promise, there was really no "help" at all.

CEO had a company all hands a week after the layoffs during which he blamed the Federal Reserve and the economy. Which, I totally get, the Fed sucks, the government sucks, etc., ok. But at the end of the day it's still your company, still ultimately your responsibility. Anyway, leadership ended up getting extra equity as a stay bonus, I only know about it because I was accidentally sent an invite to go over the details (my email is only one letter different from one of the VPs).

Someone I'm connected with from their support team told me there were more layoffs this past February. The remaining AEs were laid off when I was (leaving only my manager and the VP of sales, who are both still there as far as I can tell). So it looks like they still haven't figured out whatever they were looking to figure out.
SpicySalesgirl
Good Citizen
0
BDR
Culture since layoffs: awful! Feels like a completely different company, I am part of the sales org and the anxiety is through the roof because quotas have been drastically increased. They are micro managing heavy and expect to work harder now. Thankfully I am a remote employee by the ceo force everyone’s back to the office 4x week which has decrease morale more than it already was.
Leadership is acting like all the lays off weren’t a big deal and not giving anyone grace about the transitions. It feels so cut throat right now, and there is rumor to be a summer full of firing from performance.
This company was my dream company because of everything it stand for, transparency, value, innovation, equality and integrity, but none of that is in the company. The culture is so intense and they just want you to perform or get fired. They cut budget on most employee events and spending, no happy hours, no lunches, no using the corporate card, also took away our wellness days. Everything feels so blah
TheEnglishMajor
Opinionated
0
Account Executive
I lasted through two rounds of layoffs at a series A, getting laid off on the third round after two years there.

The culture went downhill each time. It was a lot of leadership saying “we want to make sure people feel heard and supported,” for a week or so, only to have them pretend nothing happened the following week.

A lot of the people stayed in touch with each other and helped get them placed elsewhere. Those of us that were left standing knew it could happen to us next, so we also were keeping that in mind when helping refer those affected in case we would need them to refer us in at some point lol
cw95
Politicker
0
Sales Development Lead
Set your path...
19
Members only

If a coworker says "this is the best sandwich ive ever had" and then proceeds to leave his desk for over 20 mins, fair game to take a bite of that umanned godsend of a sandwich?

Question
24
15

Lay offs strike close to home

Question
24