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Equity

What's next for the entrepreneur behind Layoffs.FYI

Equity

TechCrunch

News, Business, Entrepreneurship, Business News, Technology

4.2372 Ratings

🗓️ 18 January 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

This week, Natasha interviewed Roger Lee, an entrepreneur who's spent the better part of a decade building tools for employees and employers alike. Lee is the creator of Layoffs.FYI and co-founder of Comprehensive and Human Interest. Here's what we got into: Roger's introduction to entrepreneurship during the dot-com bubble How the pandemic de-stigmatized layoffs How Comprehensive - described as the inverse of Layoffs.FYI - is helping employees level-up The importance of crowdsourcing and to monetize, or not to monetize...transparency We ended, as usual, with a lightning round and learned where Lee's career could have gone if he didn't take the founder path (hint: it's not VC). Equity drops at 10:00 a.m. PT every Monday and at 7:00 a.m. PT on Wednesdays and Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome back to Equity, a podcast about the business of startups where we

0:15.3

unpack the numbers and nuance behind the headlines. I'm Natasha Masquerinas and

0:19.2

this is our Wednesday show where this week we're nishing down to a single person thinking about their work and unpacking the rest.

0:26.0

Today we're talking to Roger Lee, creator of layoffs. FYI and co-founder of comprehensive and human interest.

0:33.5

There's so much to get to,

0:34.8

but Roger, thank you so much for jumping on equity with us.

0:38.3

Thanks for having me.

0:39.4

So you're one of those people that has been almost a weekly,

0:42.3

if not more, part of my life during the pandemic

0:45.3

thanks to this nifty tool you spun up a while ago called layoffs that FYI and that was the real reason

0:50.8

I wanted to bring you on the pod because those listening have probably interacted with layoffs FYI or unfortunately been a part of it if they were laid off.

0:59.0

So I really wanted to start there and get into a little bit about this tracker that you've used and

1:03.7

has now been cited by most outlets I know that cover tech. Yeah and so just for

1:08.0

context layoffs that FYI is a website that tracks all of the tech layoffs that have been happening since COVID-19 first became a pandemic in early 2020.

1:20.0

And so we will list all of the publicly reported tech layoffs that have happened.

1:25.0

And so on the site you can get our running list of all of the layoffs in tech,

1:30.0

as well as a count of the number of employees laid off in tech and the number of

1:35.8

companies that have done layoffs so far. It's been like I said a huge source for me

1:40.5

as someone who's been covering the startup layoff beat but to give everyone

1:44.9

a sense of how big and all-encompassing this tracker is in 2022 it tracked that over 1,000 tech companies had layoffs and over 154,000 employees were laid off.

1:58.7

And so there is this sort of back end curiosity and I think visualization that happens when we see it charted in such a way.

2:05.8

But Roger, as we've talked through the months, it's clear that it's kind of been part of your

...

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