With mass layoffs dominating headlines, PayPal cofounder Max Levchin shared his take on the most humane and empathetic way leadership should carry out layoffs.
On an episode of The Twenty Minute VC podcast, Levchin, who now serves as CEO of Affirm, admitted that he botched the first time he had to perform the unpleasant task.
“I didn’t know what I was doing and I was terrified of owning the responsibility that I screwed up,” he explained, saying he effectively hid from employees after they learned they had been let go.
Related: How They Grew $200k to $3M Side Hustles After Being Laid Off
But, he says, a friend advised him that rather than
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