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A comment on Etsy is laying off 11% of its staff. Parent comment

Re:Etsy is laying off 11% of its staff by pradn on Wednesday December 13, 2023 @01:34PM (#38631999)
Europe isn't good at building massive tech companies. But its hard to say Europe is not a leader in scientific and technological innovation.

Just in tech, Europe developed ARM chips, ASML lithography machines, and DeepMind's AI breakthroughs. These underpin a few trillion dollars of global economic activity.

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Re:Etsy is laying off 11% of its staff by JohnFen on Wednesday December 13, 2023 @01:41PM (#38632127)
> Europe isn't good at building massive tech companies.

Which is a good thing. Massive tech companies are a negative thing, not a positive thing.

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Re:Etsy is laying off 11% of its staff by pradn on Wednesday December 13, 2023 @04:41PM (#38634537)
It's a mixed bag. Only sheer scale allowed Apple to pour in a huge amount of money into their M chips, probably the most important consumer-facing innovation on desktops in the past 5 years.
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