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Re:Twilio is firing 17% of workforce by philwelch on Monday February 13, 2023 @03:34PM (#34779989)
Interest rates. Money was incredibly cheap in 2020/2021, but now it’s expensive.
Re:Twilio is firing 17% of workforce by icedchai on Monday February 13, 2023 @06:11PM (#34782323)
And it's still relatively cheap. The dot-com era (1995-2001) had higher rates than we do now. When we get back to 8 or 9%, like we had in the 80's, start worrying.
Re:Twilio is firing 17% of workforce by philwelch on Monday February 13, 2023 @10:38PM (#34784954)
The layoffs have also been relatively minor, with headcounts still up from 2019 as far as I’ve seen.