Por: Slate Tech November 21, 2022
This article is from , a newsletter by Alex Kantrowitz. One by one, the tech CEOs apologized. They had failed to anticipate that their users’ extremely online behavior would return to normal once COVID restrictions lifted. So their projections for growth—in streaming, e-commerce, and the like—were way off. With expenses mounting and growth stagnating, they’d need to cut costs dramatically. Mass layoffs were coming. “This did not... + full article
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