Here's a fun little story about corporate tech culture to take into your weekend.
A few weeks ago, the CEO of online shoe retailer Zappos dropped an ultimatum on his staff.
CEO Tony Hsieh announced in a memo last month obtained by Quartz that the company was eliminating managers and attempting to make Zappos "a fully self-organized, self-managed organization by combining a variety of different tools and processes."
The move to self organize involves the adoption of Holacracy, a system of governance that emphasizes the distribution of authority.
Basically, Hsieh was telling his people, "learn to be your own boss or ship out," via an email that he stated at the top would take 30 minutes to read. The shipping out, however, came with a buyout option that paid a three-month severance package. And that might have been where things got weird.
About 14 percent of the company's workforce, or 210 out of 1,503 employees, have taken buyouts, Zappos spokeswoman Catherine Cook said.
It seems that instead of reading a super-long email, then reading a treatise written by a Belgian management philosopher, and then trying to become your own boss while working at a large company, a bunch of Zappos employees decided to just take the money and leave.
So it turns out that even a plum gig at a successful e-commerce company is not the kind of thing that makes people impervious to bizarre corporate ideas about what the future looks like.
Okay, enjoy the weekend.
200 accept buyouts at Zappos after management changes [Las Vegas Sun]