Glassdoor is cutting 300 workers or 30% of its workforce and slashing exec pay as its CEO tells employees that ‘it has been gut wrenching to watch COVID-19 unfold’
- Glassdoor CEO Christian Sutherland-Wong told employees Thursday that the company is cutting 300 employees and slashing executive pay due to the COVID-19 crisis, according to an email viewed by Business Insider.
- The online recruitment and company reviews site has seen a dramatic drop in business over the past month which has forced the company to make drastic cuts, he said.
- “Words cannot describe how sad I am that we find ourselves in this position,” he said in the email. “It truly breaks my heart to say goodbye to such a talented group of people for reasons that are outside of their control.”
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Glassdoor, the online job and company reviews site, is laying off 300 employees, or 30% of its workforce, and slashing executive pay due to the coronavirus crisis.
CEO Christian Sutherland-Wong told employees that the pandemic was “one of the most extraordinary and unprecedented crises in all of modern history” and was forcing the startup to make drastic cuts, according to an email sent to workers Thursday viewed by Business Insider.
“It has been gut wrenching to watch COVID-19 unfold and witness its impact on our business, let alone our lives,” Sutherland-Wong wrote.
Sutherland-Wong, …continued .
[Source: Business Insider]