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Discord is laying off 170 people (17% of workers) after laying off 4% in August. Discord’s CEO blamed growing too fast for these layoffs.
I continue to ask whether it’s incompetence or optimism that’s causing deeper cuts now than last year from tech CEOs?
https://www.theverge.com/2024/1/11/24034705/discord-layoffs-17-percent-employees
@carnage4life Slow to take advantage of the efficiency focus the tech sector followed in 2023. AI is probably going to allow the impact to be minimal.
@carnage4life They should replace the board and c-suite and see if that improves their situation.
@carnage4life Here's another reason: Section 174 of the IRS amendment passed in 2017 under a certain president... https://news.ycombinator.com/item?id=38957140
@carnage4life those are two names for the same thing at the CEO level.