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Is indeed sad for the people that are let go, but at least the market is hot and they will probably find new jobs soon.
by gcampos 11y ago
Is indeed sad for the people that are let go, but at least the market is hot and they will probably find new jobs soon.
- muzz 11y agoThat is true if the layoff is specific to Twitter and not a harbinger of a general downturn
- thrownaway2424 11y agoThere is another bloated company with an unclear growth story right across the street from Twitter, and it happens share same CEO. How long can Square keep up its act?
- kkhire 11y agoWhat makes you say that? Last I saw they had great revenue/were filing for IPO. Just wondering.
- beagle3 11y agoTwitter has great revenue too. It's the profit that's problematic.
- lern_too_spel 11y agoProfit is not a problem as long as you have growth. Twitter doesn't have that, and neither does Square.
- superuser2 11y agoSquare has a clear business model, i.e. transaction commissions. I don't think it's particularly comparable to Twitter.
- adevine 11y agoYeah, honestly I'd think it were sad if they were, say, manufacturing employees who were laid off and had poor prospects, but in today's market any decent engineer or product person who worked at Twitter would be snapped up in a second.