Tech companies hired

a whole bunch during pandemic without any economic reconciliation now we all have to face the grim reality of layoffs. Twitter per se has been really horrible given they didn’t even were positive cash flow and no revenue upstream seen in years continued to hire and increase resource count by 30% YoY Meta, Snap had a similar story raising headcount by 2O% from 2020 to 2021 and then reversing course with Snap 🫰 snapping down 20% 🤨 when ad revs hit. Hopefully this will all be good and back to normal coming year.