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E103: Tech layoffs surge, big tech freezes hiring, optimizing for profits, election preview & more
All-In with Chamath, Jason, Sacks & Friedberg
Is Elon Twitter Going to Cut 30 40 50% of the Employee Base?
Twitter CEO Elon Musk is reportedly planning to cut 30 40 50% of the company's workforce. The move could set a new standard for how profitable tech companies can be, says John MacIntosh. Private equity firms may now realize that they don't need as many employees in order to drive profits and M&A activity might pick up.
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