Were There Mass Layoffs at TheLadders Today?
We've heard several unconfirmed reports today that there have been mass firings at TheLadders in NYC. There are also several comments on Twitter including from one employee who posted some comments from the actual conference room where the notices were given.
Product Manager Derek Tumolo notes that at least 8 people were fired and what we've heard is that the total number is much higher. Many were visibly angry out on the street. We are also hearing that there are security guards stationed outside their headquarters building.
I have calls and emails into as many of the staff at TheLadders as I could find. I have not heard back yet but will update this story once I do.
If you are new to TheLadders, they offer a job board exclusively for jobs over $100,000/year. They earn revenue by charging employers for job postings and applicants for searching and applying. Here's a video demo I captured with CEO Marc Cendella.
