Most companies keep quiet about having to slash the team to help reduce costs as Ostrovok founder and CEO Serge Faguet points out in this blog post.
But the Russia-based online accommodation startup says it's taking a different tack in publicising the strategy to help find new positions for those unfortunate enough to be out.
A translation of the post says it's a difficult day for Ostrovok as a third of its team leaves the company. It provides an email address for anyone looking for "great developers, sales people and other professionals".
The post goes on to say that the company wants to break even in 2013 and will continue to hire new people but at a slower rate.
Those leaving the business will get three-months pay and be compensated for any stock options.
Ostrovok sealed funding of $25 million back in March in a Series B round led by General Catalyst Partners and including former Expedia boss Erik Blachford as well as investment from its founders.
At the time Faguet described the business as "fairly capital intensive" and said funds would go towards building a 3rd party API and boosting the customer service team.
Tnooz has contacted Faguet for more details.