2 jul 2021
Respuesta de Simplus
4yThroughout the pandemic and economic downturn we have provided our employees will full transparency, visibility and logic behind all of our decision. Instead of slashing dozens of people's jobs across the organization, we decided to cut all salaries by an equal amount among employees and larger amount for executives, along with freezing bonuses and 401k match to help spread out the financial impact across the company. While not all employees agreed with this approach, the overwhelming majority not only supported this but felt this was the only way to stay true to our value of stewardship.
Regarding the timing of the sell of the company, this was something that was in the works for month and months prior to the closure date of mid-March 2020. The proceeds from the sale of the organization to its individual shareholders is not related with the day to day operations of the business or the implications from a global pandemic.
While we are sad to see you go, we completely understand the new opportunity you are taking and with you the absolute best.