Dunno if these are related, but there's been a decent chunk of layoffs at tech companies in the last 24 hours. Stack Overflow sacked 28% of its workforce about a year after it doubled in size to ~500 people. Most of the firings are in the "go-to-market organization" and "supporting teams". LinkedIn has let go of almost 700 employees on top of the 700 it said goodbye to in May. Something about "streamlining" despite over US$15b of revenue and growing social media mindshare as Twitter shits the bed. Bandcamp, having crawled away from Epic's boot to Songtradr's, has sacked "about half the company" - which is on top of the 830 employees Epic sacked before selling Bandcamp.
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