Carta’s covid-19 layoff

The facts

The moral conflict

How we decided how many and who

  1. First, include those people whose role or job function is being eliminated with the new growth projections.
  2. Second, include those people who were in a performance improvement plan or at risk of being put on a performance improvement plan in the near future.
  3. Third, if the above two groups does not reduce the headcount enough for our budget, then do the exercise of “If we had to let go of one more person, who would it be?” until we meet our headcount numbers.

What happens to those affected

Voluntary Departures

Carta alumni

What’s next

--

--

--

CEO at Carta

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

5 Tips For Maintaining Employee Satisfaction: A Notiv Guide To Empowering Your Team

Leap into new paradigm of organizational management — why we decided to abandon one-representative…

Leadership Today Is All About Truth And Trust

4 lessons I’ve learned about people management

Managing Change Through Human Flourishing: The Importance of Employee Mindset

The I Don’t Own It Principle & How It Can Save You From A Lot of Grief At Work

How we build team culture

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
Henry Ward

Henry Ward

CEO at Carta

More from Medium

Retro Retro-active funding

Revolution Growth Invests in Team Liquid Parent Company, aXiomatic

Saying goodbye to Spring ’22

Food Delivery Is Still Expensive