The Best One Yet - đââď¸ âAirbnb canât sit at Slackâs lunch tableâ â Awayâs humane layoffs. The alphabet-shaped economic recovery. Airbnb/Slackâs debt drama.
Away Luggage is sadly laying off staff because youâre not traveling right now (and donât need their suitcases), but the extent of benefits and way they announced it reveal a major change in HR strategy. Airbnb is raising $1B debt and Slack's raising $750M to get through the corona-conomy, but the 2 different paths reflect 2 different situations. The stock marketâs recovery could look like a âVâ...or a âUâ...or an âLâ â weâre breaking down all the options alphabetically.
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