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Rapid Response: Danny Meyer on the wrenching decision to do layoffs

Rapid Response: Danny Meyer on the wrenching decision to do layoffs

Masters of Scale · WaitWhat

December 22, 202227m 20s

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Show Notes

Back in March of 2020, Danny Meyer laid off 2,000 people — that's 80 percent of staff at Union Square Hospitality Group, representing 20+ restaurants across the country. It was a heartbreaking decision made with full understanding of the impacts, short and long-term — or as much as can possibly be known in this volatile time. In this special episode, Danny shares why and how he acted so quickly, the process he and his team used to make this decision, the impact of the layoff, and what comes next for his industry.

Read a transcript of this episode: https://mastersofscale.com/danny-meyer-layoffs/

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