I'm genuinely sorry to hear abt the layoffs at AirBnB and my heart goes out to your coworkers who are affected. How can a company approach restructuring in a way that is ethical?

likeuplifting
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I appreciate this post...and it's really unfortunate that I agreed to do this session on the very day the layoffs were announced, my heart is with them today as well. It's a painful, sad day for the company and a lot of great colleagues.
I've obviously thought a lot about this...you'd love to do whatever you can to avoid a restructure, given the human toll -- first, do it if you have to do it to preserve the overall health of the company, don't do it to get a one time stock price boost. Two, leaders have to absorb pain first -- CEOs and leadership can't continue to draw full salary and bonuses in times like this, they have to sacrifice first. And last, treat people with generosity as much as you are capable of doing it -- good severance, health benefits, job placement. As awful as this is, I'm pleased that the company is doing a lot for those who are being let go.

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