Dorsey thought that his company grew too fast? That's quite a turnaround. People invest in tech stocks precisely because they grow fast. Perhaps people just never learn, especially with the dot-com meltdown of the early 2000s. Maybe the U.S. should have five-year plans like China to moderate the business cycles. Anyway. We'll see if I lucky enough to keep my job. > From: heather Howard <http://www.gmail.com/~hhoward40> > Date: Thu, 10 Nov 2022 08:38:48 -0800 > > David’s company laid off 13%. He did not lose his job. This was just > yesterday. This is really not looking good. > > Check out this article from The New York Times. Because I'm a subscriber, you > can read it through this gift link without a subscription. > > Tech’s Talent Wars Have Come Back to Bite It > > Hiring the best, the brightest and the highest number of employees was a badge > of honor at tech companies. Not anymore as layoffs surge. > > https://www.nytimes.com/2022/11/10/technology/big-tech-layoffs.html