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Ironic how Elon got blasted for walking into Twitter and laying off most of the staff. Since then, the entire tech industry followed suit.

Its really becoming a norm - everyday news. Was everyone waiting for Musk to let the cat out of the bag?

All it takes is one brave soul 😂

Elon paved the way for the tech industry to realize that staff was bloated. Spending was bloated. Clean up your wasteful spending and bolster your balance sheet

Elon is a business wizard

Totally agreed. Elon's overhaul when he took over Twitter will become the benchmark for everyone in Silicon valley.

Do more, with less staff, who are passionate and dedicated to what they are doing

Probably for the best of the business, unfortunately.

Yeah. Lay offs are becoming the norm during bear markets. Huobi recently had its own