How Airbnb Cut 25% of Its Workforce

Every day we have been witnessing examples of great leadership (or not so great). On its face, the approach to layoff 25% of Airbnb’s workforce – which until the crisis was on track for a bumper IPO – seemed like another one of those great examples.

However, the coverage has been both supportive and negative. Without going into the detail of it, my initial thoughts are that if there was ever a ‘classy’ way to do this, this was it. 

You can read the full statement from CEO Brian Cesky here and judge for yourself.