When Zappos recently gave [a severance package offer] to its entire staff, offering at least three months' severance to anyone who chose to leave by April 30, it was an offer many couldn't refuse.
About 14%, or 210, of the company's employees decided to leave the firm, according to Zappos. The exodus comes amid the company's transition to an unusual management structure called Holacracy, in which employees essentially manage themselves, without traditional bosses or job titles.
Silverman, Rachel Emma. "At Zappos, 14% of Workers to Leave." The Wall Street Journal, Friday, May 8, 2015, B3, Accessed on May 8, 2015, http://www.wsj.com/articles/at-zappos-some-employees-find-offer-to-leave-too-good-to-refuse-1431047917You can read more about holacracy on its Wikipedia page. It also has its own webpage with more information.
Holacracy is a curious management system. It really appeals to my taste for decentralization so I'm interested to see how many more companies adopt its methods and how those companies fare in the market. If Zappos is any indication at least holacratic workers are having fun with it. Apparently, they've been known to attend all-staff meetings in full animal costume.
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