Yeah seriously, I read the meta announcement and thought "Did you just steal Tobi's letter and do some find/replace on it?"
Re:Meta lays off 11,000 people
by andromeduck on Wednesday November 09, 2022 @07:24PM
(#33540360)
Something tells me there might be a confounding factor here...
"...given what we saw, we placed another bet: We bet that the channel mix - the share of dollars that travel through ecommerce rather than physical retail - would permanently leap ahead by 5 or even 10 years."
"It’s now clear that bet didn’t pay off. What we see now is the mix reverting to roughly where pre-Covid data"
https://news.shopify.com/changes-to-shopifys-team