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Firing Adequate Performers: Inside Bending Spoons | Grounds for Discussion
This week on Grounds for Discussion, we dissect Fortune's headline on Bending Spoons... the Italian tech conglomerate behind Vimeo, AOL, and Evernote that received 800,000 applications, hired 286 people, and openly parts ways with employees who are merely "good enough."
We dig into their radical organizational design: no performance bonuses, minimal hierarchy, peer-based pay reviews, self-managed well-being, and leaders in their 20s running nine-figure businesses. The numbers tell a two-sided story: 0.6% voluntary turnover among core staff against a 16.2% overall turnover rate in 2025... and…
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