https://www.forbes.com/sites/kenrickcai/2022/05/25/checkout-startup-bolt-lays-off-more-than-200-people-or-at-least-25-of-its-staff/?sh=1835e0f22201 https://www.

https://www.forbes.com/sites/kenrickcai/2022/05/25/checkout-startup-bolt-lays-off-more-than-200-people-or-at-least-25-of-its-staff/?sh=1835e0f22201 https://www.forbes.com/sites/kenrickcai/2022/05/25/checkout-... $355M is a lot of money... Nobody can tell today what the market will look like in 24 months and nobody could tell in February what the market will look like in 24 months. You need to include some uncertainty in your plans anyways. If there's a downturn it's not all negative, the people you were going to hire in 6 months might now be better and cheaper. Sounds to me more like the CEO feels there was over-hiring anyways and this is just an excuse. Also maybe this is a little about "after acquiring crypto startup Wyre in April" and the current outlook on crypto?