I knew you had the power to predict the future of Bitcoin... but also future of Facebook layoffs... my God Matt, I'm impressed 🫡 

 Looks like the growth stocks, and stay-at-home stock companies are cutting like crazy, according to this tracker its already at 55 970 layoffs and counting, I wonder how this ripples into the rental market, auto loan and mortgage market thats a lot of people who cant pay bills
[Layoffs.fyi](https://layoffs.fyi/) 

 https://www.visualcapitalist.com/wp-content/uploads/2022/12/tech-layoffs-2022-MAIN-1.jpg 

 Maybe Twitter wasn’t so wrong banning “learn to code” 🤔 maybe should change to “learn to plumb” 

 This companies are still growing, not so much as shareholders would like, so let's fire people now that everyone is doing and let's shit on the people that built our platforms. Big tech was for many the dreamed job 😔 

 US Federal Government - 3,500,000 laid off - Jan 3rd 2029 

 Soon 

 This is something that can have potentially devastating consequences by constraining future pipelines and leaving the industry in a multi generational gap of staff & principals a couple of decades down.
Obv not good for the long term health of innovation. 

 i feel bad for these people, but i've been in this position before. albeit a much smaller scale. companies scale at paces they can't support and this is what happens.
 

 #[1] 

 I mean Google grew from 100,000 to 160,000 in the last 4 years... 

 Right after chat gpt goes mainstream... Coincidence? 

 The mother of all recessions is underway. And they will sadly only do really stupid stuff to fix it, and instead make it worse/prevent a recovery. God help us!