4min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E105: Tech culture wars: Elon vs. SBF, Sabotaging Republicans with Trump

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

SACs, What's Your Take on Austerity Measures?

The dynamic will be how much Ruth Porat is able to convict. She has a very particular lens, a wall street lens, and she understands what the shareholders are thinking and looking at. And I think ultimately it will come down to my guess is like we just talked about some portfolio allocation decisions. It is inevitable there's going to be some cutting. So I think that there will likely be some reduction. 5%, 10., 10,000 employees. That seems like the number that people are going with. There's an article on Compact Magazine a couple weeks ago, where the editor Jeff Schullenberger tweeted, the layoffs at Twitter are no different than what's happening across Silicon Valley.

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