This is about growth they kept hiring as they expected growth if they are not expecting to grow then then need to cut expenses. A lot of people in silicon valle

This is about growth they kept hiring as they expected growth if they are not expecting to grow then then need to cut expenses. A lot of people in silicon valley are not realising the pain that is about to come. In the last decade a lot of startups have cropped with the main target instead of a profitable business was getting sold to 1 of the big companies.