@taylorlorenz it’s been a bloodbath for social media tech

@taylorlorenz the edgelords are just collapsing it all in real time, right before our eyes

@taylorlorenz It is billionaire bonus season, goda get those numbers up. 🙄

@taylorlorenz eek!

@taylorlorenz I’ve also heard they frozen hiring and are not planning to renew a lot of their current employees that have expiring contracts within the year. Sucks to be in this situation

@taylorlorenz maybe they’ll migrate to mastodon

@taylorlorenz I'm glad I got out of IT, there's going to be a huge surplus of people seeking tech jobs with Twitter and Meta both getting the axe.

@taylorlorenz Nothing like a depression spiral to finish off my weekend.

@taylorlorenz hopefully the talented individuals suffering these social media layoffs will have no troubles finding alternative work. And hopefully the "visionaries" who managed these layoffs will be recognised and held accountable for their actions.

@taylorlorenz is this just a reaction to their poor quarterly numbers, or are they taking advantage that everyone is focused on Twitter' disgrace to pass this under the radar? Perhaps both

@taylorlorenz this is awful. The company has been making mistake after mistake, and now it’s the people working there who are going to pay for it. Feels like a real sea change in the social media sector is happening.

@taylorlorenz I can not imagine how frustrating it must be to get fired less than 50 days before Christmas because your CEO is obsessed with making Ready Player One a reality.

@taylorlorenz Zuck proving that there is truly nothing that his competitors do that he won’t copy.

@taylorlorenz bad week for social media giants

@taylorlorenz I made the hard decision to turn down an offer from them over the summer and stick where I am. Morally, it didn’t feel right to work there. And I had my concerns about this happening. I’m really feeling for their awesome employees who are about to deal with this right before the holidays.

@taylorlorenz I hope they won't kill WhatsApp. Everything else has been a trainwreck anyways.

@taylorlorenz Area to watch is what #Meta teams are most affected by any layoffs? To what extent will #Quest #VR or #metaverse areas, which are surely loss-making while also strategic to #Zuckerberg , be involved in cost reductions?

@taylorlorenz It's hard to see how good, steady science can function inside companies that boom and bust with fickle markets.

@taylorlorenz good reminder of how quickly any social media platform can fail. Reminds me of this truly outstanding historical specimen.

@taylorlorenz Oof. That stings, not the least of which because Zuck has successfully flown under the radar in the face of the Twitter-Musk saga.

@taylorlorenz we need more journalists like you on mastodon... if i get all my twitter news sources here ill gladly finally shut down my accoun there

@taylorlorenz will this be the new norm?