
What do CXO exits in a profitable startup mean
have been seeing a lot of startup’s having multiple CXOs leaving within a short duration of them becoming profitable.
Is this another cost saving measure?
My current company is cutting JIRA costs and discontinuing their subscription with them to cut costs, and is moving to Gitlab (🤡) for task tracking.
Are other startups taking similar steps?
Yes it is. We had a major reorganisation in the marketing and external communications team
We stopped marketing spends on G, F and what we saw was we are still getting that many downloads 😂
We did AWS cost optimisation and reduced $7k till now.. better than layoffs!
Zoom is pretty bloated these days. Used to open in a jiffy before.
We stopped with lots of monthly reward packages. Lesser parties
Yes, a lot moved to Google meet from zoom and a lot of new tools and subscription
have been seeing a lot of startup’s having multiple CXOs leaving within a short duration of them becoming profitable.
Is this another cost saving measure?
Moengage is hosting a “flagship” event in their “home turf” and are asking employees not to come so they can save money on the number of plates served during lunch and the amount of beer bottles served.
What’s the cheapest cost cutti...
In your experience, what are some early signs that help detect incoming layoffs at a startup?
It could be company-wide, team specific or in a particular function only.
Hiring freeze, decreased marketing spend, founding team retreating away from day to day activities and meetings
Having worked in a startup that may cease to exist in the next few months: - High attrition rate + company does...