Airtable lays off 250+ as CEO cites importance of 'being a lean organization'

Thursday, December 8, 2022 Posted by bloggerdaddy
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By Christine Hall

Thursday, December 08, 2022

Hello, Happy Thursday. There is a lot of news today, much of it posting as I write this — for example, the Federal Trade Commission is now suing to block Microsoft from buying Activision. So less chatter, more banter. — Christine

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Image Credits: Airtable

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To prepare for a downturn, build a three-case model

Startups that develop case models are better equipped to deal with potential setbacks. Visualizing exactly how potential market shifts can impact your business is a great way to prepare for the unexpected.

A three-case model attempts to predict best-case, down-case and base-case scenarios, writes Matt Barbieri, partner-in-charge at accounting firm Wiss & Co.

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To prepare for a downturn, build a three-case model image

Image Credits: MirageC / Getty Images

Big Tech Inc.

All of the tech layoffs prompted Airtable to put out a memo earlier this week promoting its tools for job seekers. Now it is Airtable's own employees who might need to use them. Natasha M reports that the company, which was last valued at $11 billion for its no-code software, laid off over 250. And not only that, but it seems that the move also included some executive departures, including the chief revenue officer, chief people officer and chief product officer.

And here's another five for you:

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