This is the real question? Your question has nothing to do with the blog post and if you take a look around, what Twitter did was literally done across the entire industry, hence all the layoffs recently. There was a hiring glut to take advantage of cheap capital during COVID recovery. The capital has dried up, glut has ended and a lot of people lost their jobs. Why is that so hard to see? None of this is unique in any way to Twitter.
A bunch of people just got axed from Twitter because covid cash dried up? Shit I thought it was because Elon took over and fired anyone who refused to work at the office instead of at home.
The unemployment rate in Feb 2020 was 3.5%; by April 2020 it was up to 14%. It has never been lower than 3.5% since then. If there was a hiring glut due to covid it must have been a very industry-specific glut.
What a wild card. Has Musk said why he purchased twitter in the first place? IRL he seems so introverted. It's just odd to me he'd have any interest in a social media company.
