Tech layoffs don’t happen to companies, they happen to people.

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hello and welcome back to Capitala podcast about the startup business where we unpack the numbers and nuances behind the headlines.

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This is our Wednesday show where we stick to one topic, think about the issue and reveal the rest. This week, Natasha and Alex asked: What does the latest wave of layoffs mean for tech workers?

The question arose after Natasha’s recent Startups Weekly column: “Great Retirement, Meet the Great Reset.” In a work that included an overview of recent tech layoffsshe explored the idea of ​​employee whiplash and why this pullback moment is different from what we saw in March 2020.

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The purpose of this episode was to humanize the tech layoffs we’ve seen across the startup ecosystem, from big, big names like Cameo, On Deck and Robinhood to B2B platforms like Workrise and Thrasio. As our article last week points outThe common thread between most of these layoffs, according to the founders, is that there has been a shift in the market and a major turnaround in business is required. A pivot that hurts the employees who built your product after high demand.

Let us know how we did?

If you or a friend has recently been fired, please let Natasha Mascarenhas or Alex Wilhelm on Twitter. @nmasc_ and @Alex.

Stocks drop every Monday at 7:00 AM PT and Wednesdays and Fridays at 6:00 AM PT, so follow us at Apple Podcasts, Overcast weather, Spotify and all castings.




Credit: techcrunch.com /

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