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✨ 𝗖𝗘𝗟𝗘𝗕𝗥𝗔𝗧𝗜𝗡𝗚 𝗣𝗘𝗢𝗣𝗟𝗘 𝗙𝗜𝗥𝗦𝗧 𝗟𝗘𝗔𝗗𝗘𝗥𝗦𝗛𝗜𝗣 #2 – Brian Chesky (Airbnb) A case-study from Harvard Business School. When crisis strikes, 𝗹𝗲𝗮𝗱𝗲𝗿𝘀 𝗵𝗮𝘃𝗲 𝗮 𝗰𝗵𝗼𝗶𝗰𝗲: focus solely on the bottom line, or put people first even when the stakes are high. In 2020, as the COVID-19 pandemic froze global travel, Airbnb faced an impossible reality. With demand plummeting, the company had to make tough decisions including laying off 25% of its workforce. 🏠𝗖𝗼𝗺𝗽𝗮𝘀𝘀𝗶𝗼𝗻 𝗶𝗻 𝗟𝗮𝘆𝗼𝗳𝗳𝘀 But 𝗔𝗶𝗿𝗯𝗻𝗯’𝘀 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗲 𝘄𝗮𝘀 𝗮 𝗺𝗮𝘀𝘁𝗲𝗿𝗰𝗹𝗮𝘀𝘀 𝗶𝗻 𝗲𝗺𝗽𝗮𝘁𝗵𝘆 𝗮𝗻𝗱 𝗹𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽. Instead of rushing layoffs as cold transactions, CEO Brian Chesky led with heart: ✅ Offered 14 weeks severance pay plus extra based on employee tenure ✅ Allowed employees to keep their company laptops to support their job search ✅ Created a talent directory connecting laid-off employees with other companies hiring ✅ Provided personalized job placement support and resources Brian Chesky also wrote a transparent, heartfelt letter taking full responsibility and emphasizing that the company cared deeply for its people. 🧭 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝘁𝗵 𝗘𝗺𝗽𝗮𝘁𝗵𝘆 This approach didn’t just ease the pain of layoffs it preserved dignity and respect. Chesky demonstrated that leadership isn’t about avoiding hard decisions it’s about how you make them. The emphasis on care, transparency, and support created a powerful example of 𝗽𝗲𝗼𝗽𝗹𝗲-𝗳𝗶𝗿𝘀𝘁 𝗹𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 in the corporate world. 📈 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗲𝗱 𝗥𝗲𝗽𝘂𝘁𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗧𝗿𝘂𝘀𝘁 Despite the hardship, Airbnb’s commitment to its people: 🔹 Strengthened its reputation as an empathetic, values-driven company 🔹 Built trust internally and externally 🔹 Helped maintain positive relationships with former employees who became brand advocates 🔹 Set a new standard for how layoffs can be handled with humanity #Leadership #peoplefirstacademy #peoplefirstleadership #CHRO #HRManager #Corporate #LeadershipTrainer

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This post was published on 21st July, 2025 by Abhinav on his Instagram handle "@abhinavmohod.official (Abhinav Mohod Official | Corporate Trainer)". Abhinav has total 10.3K followers on Instagram and has a total of 598 post.This post has received 5 Likes which are greater than the average likes that Abhinav gets. Abhinav receives an average engagement rate of 0.04% per post on Instagram. This post has received 0 comments which are than the average comments that Abhinav gets. Overall the engagement rate for this post was lower than the average for the profile. #CHRO #2 #Corporate #Leadership #peoplefirstacademy #HRManager #peoplefirstleadership #LeadershipTrainer has been used frequently in this Post.

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