How to handle a Sinking Ship

How to handle a Sinking Ship

All the employees got a generous severance package, and we spent a little over a month writing reference letters and helping people get interviews. We put up a special website with everyone’s résumés and links to their portfolios.

Shutting down a company is hard and I think helping your employees to get other jobs is the least the founders SHOULD do to help. Because as founders, you sold your employees a dream ship. They got onboard the ship with you. If the ship is sinking, the first thing I would do is to help my employees get off the ship first and to somewhere safe.

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