Elon Musk took much heat for gutting Twitter last fall. But as some suggested, if that worked for him, you could expect every tech CEO was looking at what he did. And today, the majors are also cutting head counts, especially in the middle manager area.
Source: Meta, Alphabet Target Middle Managers With Tech Jobs Cuts – Bloomberg
The tech companies, once seen as lean and efficient, had become fat and bloated.
UPDATE:
- Wow – Meta to Ask Many Managers to Become Individual Contributors or Leave – Bloomberg
- Yahoo layoffs: Company to cut 20% off staff by year-end (cnbc.com)
