Sam Sith

Financial Professional | Life Insurance · Variable Annuities · Retirement Planning · IUL · 401k | Atlanta, GA

[Sam Sith @sam_sith]

Small daily habits matter.

Skipping one $5 daily expense can free up about $150/month.

The point is not the coffee.

The point is control.

Pick one small expense today and redirect it toward savings.

#FinancialLiteracy #MoneyTips

[jack @jack]

we're making @blocks smaller today. here's my note to the company.

####

today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone.

first off, if you're one of the people affected, you'll receive your salary for 20 weeks + 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements). i want you to know that before anything else. everyone will be notified today, whether you're being asked to leave, entering consultation, or asked to stay.

we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. but something has changed. we're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. and that's accelerating rapidly.

i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. i chose the latter. repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead. i'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome. a smaller company also gives us the space to grow our business the right way, on our own terms, instead of constantly reacting to market pressures.

a decision at this scale carries risk. but so does standing still. we've done a full review to determine the roles and people we require to reliably grow the business from here, and we've pressure-tested those decisions from multiple angles. i accept that we may have gotten some of them wrong, and we've built in flexibility to account for that, and do the right thing for our customers.

we're not going to just disappear people from slack and email and pretend they were never here. communication channels will stay open through thursday evening (pacific) so everyone can say goodbye properly, and share whatever you wish. i'll also be hosting a live video session to thank everyone at 3:35pm pacific. i know doing it this way might feel awkward. i'd rather it feel awkward and human than efficient and cold.

to those of you leaving…i’m grateful for you, and i’m sorry to put you through this. you built what this company is today. that's a fact that i'll honor forever. this decision is not a reflection of what you contributed. you will be a great contributor to any organization going forward.

to those staying…i made this decision, and i'll own it. what i'm asking of you is to build with me. we're going to build this company with intelligence at the core of everything we do. how we work, how we create, how we serve our customers. our customers will feel this shift too, and we're going to help them navigate it: towards a future where they can build their own features directly, composed of our capabilities and served through our interfaces. that's what i'm focused on now. expect a note from me tomorrow.

jack

[Sam Sith @sam_sith]

April is National Financial Literacy Month. Financial Security Professionals play a critical role in making their communities financially secure.@rephankjohnson @finseca #nflm #financialsecurity

[Sam Sith @sam_sith]

April is National Financial Literacy Month. Financial Security Professionals play a critical role in making their communities financially secure.@senatorwarnock @finseca #nflm #financialsecurity

[Sam Sith @sam_sith]

April is National Financial Literacy Month. Financial Security Professionals play a critical role in making their communities financially secure.@SenOssoff @finseca #nflm #financialsecurity

[Sam Sith @sam_sith]

Want to future-proof your child’s career? Start by future-proofing their finances.

#FinancialLiteracy

[Sam Sith @sam_sith]

A wise person buys life insurance. A really wise person does it before their next birthday.

#FinancialLiteracy #Lifeinsurance

[InsuranceNewsNet @InsNewsNet]

Life insurance can be an alternative to grandfathering the large federal estate and gift tax exemptions. Read more in the October issue of InsuranceNewsNet magazine.
https://t.co/zALsqt4uuk

#Lifeinsurance

[Pacific Life @pacificlife]

Pacific Life is a proud supporter of Life Insurance Awareness Month in September. A common life insurance question is: "How much do I need?" Our Insight article shares key factors to help you figure out your life insurance sweet spot. https://t.co/Ruqd9egpyh

#LIAM24

[Sam Sith @sam_sith]

Protect financial security for your constituents @replucymcbath, and tell the DOL you oppose the harmful Fiduciary 3.0 rule @finseca

[Sam Sith @sam_sith]

Protect financial security for your constituents @SenOssoff, and tell the DOL you oppose the harmful Fiduciary 3.0 rule @finseca

[Sam Sith @sam_sith]

Protect financial security for your constituents @senatorwarnock, and tell the DOL you oppose the harmful Fiduciary 3.0 rule @finseca

[Pacific Life @pacificlife]

What is #financialliteracy? It is understanding financial concepts in order for an individual or business to have financial stability. Why is it important? So you can be financially prepared for today, tomorrow, and whatever surprises life brings. https://t.co/yZrktKWOlO #FLM24

[Sam Sith @sam_sith]

Exciting news! Check out my new personalized website. As proud members of The WSB Community, we believe one person can make a big difference. Join us in this impactful campaign for a better future!

https://t.co/LVFkR0EVTS

#financialliteracy

[Sam Sith @sam_sith]

Join our friend's amazing Goal Setting Workshop on Feb 10, 2024. Click https://t.co/G87h6D1yvY to register! 🌈✨

[Sam Sith @sam_sith]

Get LTC insurance so you don’t have to go through this mess.

[WSB-TV @wsbtv]

These 25 nursing homes in metro Atlanta have an overall "much below average" rating, according to Medicare officials. https://t.co/zMNMXfYrRr

[Sam Sith @sam_sith]

Curious about the financial hurdles in your path? 🤔 Take a moment to answer 15 questions and unlock insights that could reshape your financial journey. Let's join forces in mutual assistance on the road to financial success! https://t.co/OfitNkKdma #financialliteracy #Finance101

[Sam Sith @sam_sith]

Enhancements like critical illness or disability coverage – yay or nay?

[Sam Sith @sam_sith]

Leaving a financial legacy – is it on your list?

#financialliteracy

[GA Insurance & Safety Fire Commissioner's Office @GA_DOI]

Term life insurance may have more affordable premiums, but whole life insurance offers some surprising benefits you may not be aware of. Which plan is best for you? #gapol
https://t.co/kzUsXO2p6D