Great but short lived experience - Anonymous employee Sendle Employee Review

On June 1st, the CEO abruptly called an all hands meeting where he announced 27 (roughly 15% of workforce) was being laid off effective immediately. The reasoning given for this was a slowdown in the US economy and thus drop in business. CEO sounded genuinely remorseful about the decision and the company provided severance to those affected. While I understand business was slowing and drastic measures had to be taken, a few unfortunate facts exist. Most of those laid off were new hires, some only having worked maybe a month. These individuals left their previous jobs for Sendle. Some maybe even had multiple offers (such as myself) who chose Sendle because they were sold on a thriving and exciting company. These folks are today left unemployed and now need to find new work.