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Three HN top posts about Twitter, Lyft, and Stripe laying off people, and looks like just a start. In Twitter's case though, the writing was in the wall ever s
by Ayesh 4y ago
Three HN top posts about Twitter, Lyft, and Stripe laying off people, and looks like just a start.
In Twitter's case though, the writing was in the wall ever since Elon fiasco began.
- kyrra 4y agoChime: 12% https://news.ycombinator.com/item?id=33455728 https://news.ycombinator.com/item?id=33455728 CloudKitchens: https://archive.ph/t46mK https://archive.ph/t46mK Amazon hiring freeze: https://news.ycombinator.com/item?id=33454151 https://news.ycombinator.com/item?id=33454151
- barnabee 4y agoAll of these companies and many more have too many people. They have never lived through a period of stagnation or decline. Investment banks and many other industries were that way once. It’s not new. This doesn’t mean Twitter is about to die, nor does it mean they are saved. For tech to get sustainable, it is just the start, though.
- drstewart 4y agoWhy does it look like just a start? What information do you have?
- tamaharbor 4y agoMaybe the US is in a recession.
- dehrmann 4y agoWhat's interesting is this is almost the opposite of April, 2020. Rather than low-wage service sector workers getting laid off, it's high-wage tech workers.