“Most” of the company staying is cold comfort when that “most” is a slim majority. Losing a third of your work force at once, effective immediately (or close to immediately) is a catastrophic outcome that’s really hard to sugarcoat. Especially when the company has just gotten into a very ugly public fight with their employees, and remote work is no longer a rare benefit to entice talent.
I would not envy being a hiring manager at Basecamp right now.
I would not envy being a hiring manager at Basecamp right now.