Making layoffs suck less: How to announce job cuts and retain top performers

Leslie Crowe
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Leslie Crowe is talent partner at Bain Capital Ventures, where she provides strategic counsel to the firm's portfolio companies on scaling successfully.


There is no way to sugarcoat it: For many founders, 2022 was a tough year to be a boss, and 2023 is not shaping up to be any easier. The tech industry layoffs may have slowed, but they haven’t abated and there will certainly be more to come.
Staff reductions have become commonplace, but that doesn’t make cutting jobs any easier; especi

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