210 Zappos Employees Respond to Holacracy Ultimatum: We're Out

What would you say if your boss told you wouldn't have a boss anymore? No, you're not fired. Your organization is just redistributing power, eliminating managers and job titles. Sound crazy? The concept, known as holacracy, is gaining steam at some reputable companies. Zappos, perhaps the most well-known adherent to holacracy, just confirmed that nearly 14 percent of its staff (210 people, out of Zappo's total workforce of 1,503) have accepted an offer to take a buyout rather than ride out the transition to full-blown holacracy, the Las Vegas Sun reports.