4min chapter

This Week in Startups cover image

Meta's looming layoffs & path forward, Airbnb answers concerns & more | E1606

This Week in Startups

CHAPTER

Meta Layoffs Are Expected to Be Huge

The Wall Street Journal reports that meta is planning quote large scale layoffs this week. The company had over 87,000 employees as of September 30th and was up 28% year over year over Q3 2021. With these significant cuts, we're going to be looking at what will feel like a recession for tech? This is the official sign that we are headed into some legit tough times in the industry.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode