2min snip

Decoder with Nilay Patel cover image

How to buy a social network, with Tumblr CEO Matt Mullenweg

Decoder with Nilay Patel

NOTE

Twitter's layoff

Companies like Twitter often do layoffs as a performance management tactic, targeting low performers. Despite Twitter's layoff, there were crucial people let go, which caused other people to leave as well. This has created hiring opportunities for other tech companies, including those looking to hire entire teams. One company, Automatic, has been in intense conversations with former Twitter employees to create an AI team. This shift in the aftermath of the layoff is unprecedented in the speaker's business career.

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