About one-third of Basecamp’s employees left when the company offered them buyouts. Basecamp’s policy, announced last week via an internal memo generated a backlash and sparked a debate over how, or if, companies should wade into politics and ways to handle sensitive discussions of race and diversity at work.
Fried thanked colleagues who took the buyouts, as well as those who remain, and promised to support customers. “We’ve been in business for 22 years, through thick and thin. We’re in it until the end of the Internet. We will regroup, rebuild, and get back to the business of making great software.”
Subscribe to Crain’s: $1 for 4 weeks