https://wolfstreet.com/2023/01/25/whats-behind-the-tech-social-media-layoffs/
But I think Musk is on to something. And I think other CEOs in tech and social media are seeing the same thing: The way he gutted Twitter, and Twitter is still up and running, confirms to them that he has cut out huge layers of fat that Twitter had put on after years of overhiring, overleasing, and overpaying. He’s teaching everyone a massive lesson.
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