210 Zappos employees – 14% of the staff – take buyouts after CEO ultimatum
I'm curious as to why?  It sounds like an exciting experiment!Incidentally, when the startup I work for reached a size where most companies would have started hiring managers, we reached a consensus as a company to give the holocracy thing a try.  It's been working very well for us, but we're still < 100 people, so we'll see if it sticks as we grow.  Me, I might bail if we turn into a big boring manager having company.