I am curious about what Snap and Pinterest employees have to say. Listen to the las few minutes of the latest episode https://podcasts.voxmedia.com/show/pivot
Scott Galloway should get a misleading news sticker. He's so wrong about tech companies so often
the companies are overstaffed, they do not need more software engineers. it's time to shed
While he might be proven right, 5k ppl laid off from Snap + PINS also means that so many other companies are super fucked.
🤡
Highly unlikely Pins will do layoffs, we have hired very conservatively over the years and don't burn a lot of cash. And Pins has never done layoffs, unlike Snap and other ad houses. We'll have to see how the market plays out, could be proven wrong here. Only time will tell. As to his assumptions, it's superfluous - runs on the fact that ads based companies will have cost cutting measures, which was already established.
Scott Galloway is only after clickbait fearmongering.
Unfortunately, they're always right.
Even a broken clock is right two times a day