Very emotional day for everyone at Zappos. I’ll be sending out an update later today with details of what’s going on.
That’s the message Zappos CEO Tony Hsieh sent out over Twitter today. The details he would later reveal were plans to lay off 8% of the company’s workforce in order to deal with the economic slowdown. The company, which has more than 400 employees on Twitter openly discussed the layoffs on its employee Twitter page. Asked if it was okay to tweet about the layoffs, Hsieh responded: “Our Twitter policy remains the same as it’s always been: just be real, and use your best judgement.” Nice to see a company being that transparent about bad news for once.
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