Marker
Published in

Marker

I’ve Led Companies Through Two Recessions. Here’s How to Lay Off Humanely.

Advice from someone who, unfortunately, has some battle scars on this topic

A hand in between a row of falling dominoes to stop them from knocking over the rest.
Photo: ridvan_celik/iStock/Getty Images Plus

TThe second week of October in 2008 was one of the most painful and emotional times of my career. We ushered 50 Zillow employees into an off-site conference room. I was COO then, and we were about to lay them off —…

--

--

--

Pop business for the intelligent reader. A publication from Medium.

Recommended from Medium

How to find the right healthcare IT partner

Unlocking vehicle data and creating value for both the vehicle manufacturer and driver

Global Acoustic Insulation Market is projected to reach a value of over USD 18.3 billion by 2027

Lean Digitital Transformation

Call Off Contracts — What are they and how are they used?

Is Nigeria Prepared for the Fourth Industrial Revolution? Of Course Not!

Pivotal Software files to go public, ready or not

Beal Properties: Shaping Communities Through Responsible Revitalization

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Spencer Rascoff

Spencer Rascoff

Co-founder and former CEO @ZillowGroup. Co-author of Zillow Talk. Host of Office Hours podcast. Passionate about all things culture, leadership and management.

More from Medium

How to be a Woodpreneur

What Margaret Thatcher & Great Startups Have in Common

Should Restaurateurs Be Asking Themselves Quality Of Life Questions?

Acquisition Of Entrepreneurial Companies: Top Realities Why They Fail