Had to cut the salaries of two of my employees today and I feel so demoralized.

 

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Had to cut the salaries of two of my employees today and I feel so demoralized.

It’s my fault. I’m the CFO of a start-up. I joined in January and, at the time, I thought we could put a few of the employees on salary. Well, very long story short, due to a lot of issues out of our control, we are now having cash flow issues and I had to have the hard conversation with them today. Though I didn’t do it in public, me and my boss were both shaken up and devastated that we had to give these guys a pay cut.

Does it get better? We hope we can turn things around for Q4 but I’m just so defeated rn. One of our co-owners said he could float us the money to get through the month but what kind of fuckin business is that? We can’t keep relying on that shit.

Had to cut the salaries of two of my employees today and I feel so demoralized.

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