He Fired 70% Of His Staff, Then Rebuilt A Better Company

How do you regain your employees' trust? It was a question Eric Wheeler wrestled with after his company, 33Across, had to pivot and lay off 70% of his workforce. He needed to keep his remaining talent focused, and recruit new people to execute a brand new vision. So he tried something new: Radical transparency. He'd start sharing all the company's financial secrets. And it worked.