For the startup employees interviewed by Insider, the constant threat of layoffs is having a detrimental effect on company morale.
said one employee working at a growth stage startup that's conducted three rounds of layoffs this year.
For Reay, the former Sendoso employee, constant rounds of layoffs gave him and his surviving colleagues "strategy whiplash."
"When it happens again, you start to lose that confidence and faith in your leadership."
Some startup employees are reconsidering their future in the industryAs startup employees brace for the potential of more job cuts, they say that the experience has them second-guessing whether to stay in the industry at all.
Persons:
Sean Reay, it's, Reay, SoftBank, Sendoso, what's, I'm, Raey, SchoolMint, I've, you'd, he's, Jackie Xu, Xu Talent, Kleiner Perkins, Xu, you've
Organizations:
Facebook, Meta, Twitter, Sendoso, GV, Google, Employees
Locations:
San Diego, That's, SPAC