With mass layoffs dominating headlines, PayPal cofounder Max Levchin shared his tackle probably the most humane and empathetic method management ought to perform layoffs.

On an episode of The Twenty Minute VC podcast, Levchin, who now serves as CEO of Affirm, admitted that he botched the primary time he needed to carry out the disagreeable process.

“I did not know what I used to be doing and I used to be scared of proudly owning the accountability that I screwed up,” he defined, saying he successfully hid from workers after they realized that they had been let go.

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However, he says, a buddy suggested him that relatively than hiding in his workplace, the higher place to be was “in the midst of the ground that is crying,” he recalled. “Go be with the individuals. You will really feel higher ultimately they usually’ll really feel higher ultimately.”

Levchin stated that serving to his laid-off workers pack their packing containers was good for them, good for him, and good for the staff who did not get laid off.

“Folks perceive that you simply tried with each potential strategic or tactical thought to not must undergo this,” he explains.

Should you had been laid off, would you have got felt higher or worse having your now-former CEO enable you to out the door? Tell us on social.