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Bad hiring decisions lead to mass layoff

I started my startup 4 years ago. At the time I didn’t know much about tech and although we are profitable we experienced massive scaling issues.

I now hired a new team and replaced my whole previous team (10 people) with better ones. The process took 8 months and was rough for all sides. The fault is clearly on my side as I hired these people before, but once I saw that they couldn’t perform the tasks I wanted them to do it was clear to let them go. As an entrepreneur, you have to sometimes decide between going bankrupt or letting everyone else go.

  • A profitable startup can attract much better engineers. Would you have been able to assemble your current time 4 years ago? Probably not. So don’t beat yourself up over it.

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  • Dont see anything wrong with it. Its something decision makers need to shoulder for survival.

    The fact you expressed this story comes down to showing two things:

    Acknowledging a better way to mitigate similar incident from happening is a good sign if improvement.

    Good luck,

    Chap

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