Mark Organ
๐ค SpeakerAppearances Over Time
Podcast Appearances
And they have a day off a week during a weekday.
where they can prepare and deal with maybe future stuff that might come down the pike.
So it was pretty innovative.
Another one of my clients did let go, did a 30% riff, was going to do a 20% riff.
I encouraged him to think deeper.
And instead of saying, okay, here are the number of people I have and who may be expendable in this time or redundant,
what I encouraged was to start from literally employee one.
So I'm employee one, the CEO, I'm the first employee.
Who else do I absolutely need?
Okay, I need someone in finance.
Okay, I need one person in marketing.
So build up from the bottom instead of come down from the top.
So that instead of doing a 20% RIF, he actually ended up doing a 30%, which actually is better.
It means that there's more runway.
And
My experience with this before doing layoffs is that you'll find out pretty quick what is really essential, and you can always hire that back, particularly now.
It's not hard to hire back now in this time.
There's a lot of people available.
So that's another one.
And yet another person opened up an employee stock ownership plan available to everybody.