Max Levchin says it's cathartic to help laid-off staff pack up their boxes: 'You can play this from the comfort of your office or in the middle of the floor that's crying'

Max Levchin talks on Fox Business (Credit: John Lamparski—Getty Images)

• Max Levchin, CEO of buy-now, pay-later platform Affirm, said it’s important to help your employees pack their boxes after you lay them off. Although he was “terrified of owning the responsibility that I screwed up,” he found the experience “between cathartic and therapeutic,” he told the 20VC podcast hosted by Harry Stebbings.

During layoffs, it's easier for CEOs to kick back in their corner offices and watch the chaos and weariness unfold. But one tech executive says he makes the conscious decision to be with his employees as they’re packing up their boxes and shipping out.