Rule of thumb. Deliver bad news all at once. Let good news leak out a bit at a time.
Furthermore the CEO's advice was not bad. I looked for a job, in tech, in Los Angeles, in 2003. I know what that market was like. Even if the company folded, the employee would have had a good shot at finding another one quickly. Whether or not to trust the ability to do that is another question. But whether to take the risk really is a question of choice.
Furthermore the CEO's advice was not bad. I looked for a job, in tech, in Los Angeles, in 2003. I know what that market was like. Even if the company folded, the employee would have had a good shot at finding another one quickly. Whether or not to trust the ability to do that is another question. But whether to take the risk really is a question of choice.