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A comment on Meta lays off 11,000 people. Parent comment

Re:Meta lays off 11,000 people by skrebbel on Wednesday November 09, 2022 @10:01AM (#33532519)
You mean teeny tiny cutesy startups like Stripe and Twilio?
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Re:Meta lays off 11,000 people by abstractmath on Wednesday November 09, 2022 @10:07AM (#33532619)
Look at the companies on http://layoffs.fyi

Lots of small and medium sized companies, and I know for some that it was not their last move before going under.

We had a hiring boom driven by cheap money, which is now ending. Now we get the inverse.

Has nothing to do with insane large corps and saintly SMBs.

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