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Re:Airtable lays off over 250 by jerf on Thursday December 08, 2022 @03:37PM (#33913004)
Interest rates rose above effectively-0% for everyone at the same time.

Whether these companies can only survive in a 0% environment is a matter for debate I won't get into; my main point here is more along the line that there had to be consequences to that somewhere. The rate of resources flying around reduces, the rate of resource consumption must reduce.

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