CEO posts about his 'honest' firing approach on LinkedIn, faces backlash online
Matthew Baltzell, CEO of Cap X Media, faced a social media backlash after posting about firing an employee on LinkedIn. His 10-minute meeting with the employee, offering a severance package and a future reference, was seen as both professional and...

In his post, Baltzell described the 10-minute meeting where the employee was informed of their layoff, offered a severance package, and a future job reference. He emphasized maintaining honesty and professionalism throughout the process. The post quickly drew mixed reactions on social media.
Detailed Breakdown of Firing
Baltzell shared that the firing process was brief and direct, taking only 10 minutes. The employee was offered a severance package of one week's pay per year of service and a reference for future employment.
Baltzell explained his approach, stating, "Stayed clear and honest. After the meeting, I sent a message over Slack to inform everyone that the employee was no longer with us, without giving details. Gossip doesn't help anyone. I provided the ex-employee's contact info to the team and encouraged them to reach out if they wished. This avoids any secrecy. This approach shows my team that if they ever have to leave, they'll be treated with respect, not discarded like trash."
Mixed Reactions on Social Media
Some found the CEO's choice to share the experience on LinkedIn to be insensitive and unprofessional. One user stated, "Imagine being the fired employee, logging onto here and seeing your boss make a post like this about you. If that wasn’t bad enough there’s an accompanying photo of him SMILING about it."
However, not all responses were negative. Some users praised Baltzell for his transparency and leadership. One user wrote, "That's true leadership right there, Matthew. Maintaining a positive company culture even during challenging times is what defines great leadership."
Another shared, "You handled this exactly how it should be handled which speaks to your leadership skills Matthew. I have witnessed a TON of bad exits over the years, including one I'll never forget as long as I live. An email 'meet me tomorrow morning at 9 am at the airport in Terminal 'x', and bring your computer and corporate credit card with you', accompanied by zero explanation, zero warning, and zero reason. Spoiler- it ended up getting reversed by senior leadership."
In his post, Baltzell reflected on the experience, stating, "Handling an employee’s exit can either strengthen or weaken your company culture.
Here’s how it went down: 10-minute meeting: Kept it short and direct, Severance package: Gave one week’s pay for each year of work, Recommendation: Offered to provide a future job reference and Transparency: Stayed clear and honest.”
He acknowledged the need for a more structured outline for future conversations to ensure better handling of such situations.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.