Daily Daze

BuyWithMe Founder’s Axe List Included Employees He Didn’t Like

Maybe take out the comma.

Updates about the list from a former employee at the end of the post.

Second update from a source on who determined the firing list.

A source familiar with the situation revealed more details about the layoffs at BuyWithMe yesterday that left 55 percent of its staff unemployed without severance or warning. “The founder came back yesterday and literally made a list of people he liked and didn’t like and whacked everybody he didn’t like,” said the source.

“He’s not giving them anything,” added the source. “They were getting zero severance, zero warning. It’s perfect for a massive lawsuits kind of thing, which they’re probably going to get.”

The founder of BuyWithMe, the group buying deals site, is Andrew Moss. On his Twitter bio, Mr. Moss describes himself as, “Value-minded venture investor, Founder of BuyWithMe.com, former hedge fund COO/GC/CCO.” The company has also cycled through two CEOs, including an interim president when former CEO Cheryl Rosner stepped down last December. Read More