I think this will be a watershed moment in tech similar to Elon's layoffs at Twitter in 2022. AI coding agents crossed the threshold in December and this is the beginning of the fallout.

"we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers" - Jack Dorsey

@carnage4life Surprisingly sympathetic and well-laid-out letter, but can he not be bothered to capitalize?