Talking about the recent tech layoffs | E38
In this episode we talk about the layoffs that are happening in the tech industry. We chat about way to fire and why companies get into this situation in the first place. We talk about some of the positive changes that could be on the horizon for Twitter and whether there is a future for people who loose their jobs at this time. Outline (0:00) We get started pretty quickly and laying the ground for discussion. (1:20) Did we expect tech layoffs? (3:15) Why is the stock price correllated to having to lay people off? (5:24) Human psychology when getting money into your busines & growing at all costs. (8:33) Challenges & dynamics of larger teams & time delays when adjusting team sizes. (13:12) Comparing Twitter & Stripe layoffs. (15:30) The counter argument and why it's not as bad as people make it out to be. (18:26) Artists escaping Twitter to go elsewhere and does anyone care what goes on there? (21:00) Incentive alignment and filtering your feed. (22:13) What would you have done differently and how long till people move on? (23:45) Companies have to grow and sometimes pivot and how to do a layoff properly to avoid affecting employee mentality. (26:55) The worst thing about layoffs and the alternative. (28:22) How public letters and PR could've made things better at Twitter and the challenge of parody accounts. (32:30) What happens next - is there an up side?