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TechCrunch 2y ago

We’re in the pruning phase of tech layoffs

Now in summer in this part of the world, are we running low of things to talk about? Not in the slightest.

We’re in the pruning phase of tech layoffs ( https://techcrunch.com/2023/07/14/were-in-the-p...

https://techcrunch.com/2023/07/14/were-in-the-pruning-phase-of-tech-layoffs/

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Habanero 2y ago

They were make work jobs to begin with... without government contracts and zero percent interest rates almost no tech ventures make business sense...

Prices fall to marginal cost of production... in a digital world that means .0000000000001 percent margins for a business after their "moat" erodes.