My company is on the brink of bankruptcy, and the only way to save it is to lay off a third of the workforce, including several long-term employees who are close friends – do I make the tough call or try to find an alternative that risks everything?

Mahir Ulstein

Mahir Ulstein

Implement layoffs18 votes (31%)
Seek investors desperately14 votes (24%)
Reduce all salaries10 votes (17%)
Sell the company16 votes (28%)

58 votes total • Created 1/17/2026

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My company is on the brink of bankruptcy, and the only way to save it is to lay off a third of the workforce, including several long-term employees who are close friends – do I make the tough call or try to find an alternative that risks everything? | asQkme