Equity

Tech layoffs may get worse before they get better

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Sinopsis

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.This is our Wednesday show, where we niche down to a single person, think about their work, and unpack the rest. This week, Natasha interviewed Nolan Church, the CEO and co-founder of Continuum, about his perspective on the tech layoff wave. While we do indeed get into how his vision of fractional work fits into this conversation, we start with the fact that Church helped conduct Carta's layoffs in 2020 (a low of his entire career, he says) and what that experience taught him about the importance of being direct. Here are a few of the topics we get into:Twitter's recent layoffs, Jack's silence and who should take ownership for whatThe generic CEO statement on macroeconomic challengesStripe's recent layoffsWhat is the best way to conduct a layoff, and how should you communicate with staff? How does that change based on stage?Is the rumor that all startups should just cut 20% o