Great company, blind sided by ceo - Account Executive Glassdoor Employee Review

Glassdoor is built on the principle of transparency. Christian, everyday you asked us to go out and fight against out competitors when we knew it was hard. We AEs/SAEs struggled, but we continued to do it, and continued to do it with comradery. We didn't make a ton of money, some of us did, most of us didn't compared to others at competitors, but we loved working at Glassdoor, and working hard because we believed in the mission. I don't understand what happened. One day everything was fine the next, 300 lay offs. We did that because you kept reassuring us that Glassdoor was going to come out on top, that if we kept working hard enough, we would have endless growth within the company. Christian, you lied to us. You brought on our Chief Economist to tell us that we are going to be able to make it through this, that we were underpaid for years because Glassdoor was preparing for some sort of inevitable downturn. You told us that we were going to be OK, and that we were well positioned for no lay offs. My question to you is, why did Indeed send out an email to its employees reassuring that they would not be laid off? How is it that Glassdoor let go of 300, many top sellers going to presidents club, long tenure, great experience, etc, and Indeed did not lay of any of its GTM teams? Was this the plan all along? Did you not fight to even keep your top sellers to merge into Indeed at the least? You did not protect your people, Christian. I am very grateful that we got the severance that we did, but the false hope you gave me really crushes me. I still can not believe what happened. I feel like I lost my family and community in Chicago in the blink of an eye. Honesty is always appreciated, and lying to us, leading us on, has lead to massive destruction. The culture you spent years building is now gone. I would like to quote something to you, Christian, that I read on LinkedIn: "Laying off hundreds of people - crisis or not-is a massive leadership failure. Slashing jobs to save a company is like saying "we had to throw some people overboard to save the Titanic" and then ushering the captain to the only lifeboat. Your ship is probably sinking anyway because you have huge financial execution mismanagement problems...".. .....or,... was slashing off the SMB team always the plan and this just helped you cover it? Sad!