Why is these layoffs happening almost all the industry??...is there an AI factor or something else like financial crises?
Anonymous 3
Hey I am on Medial • 1y
Its true actually, if you see at the layoffs only VC backed companies mostly do it. Most don’t value the capital
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I knew a founder who got an offer to sell his company for 1Cr cash but he didn’t now its value nearly 0
It was a chat app, founder is a good sales guy but nothing more therefore he convinced a fool to invest 1Cr
Cautions of things which you don’t
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One of my very close relatives works at an anti drone company. She says the govt. has ordered anti drone guns now, which were ignored previously.
We don't value the private companies much, but only in crisis.
Mostly, pvt companies are way better an
Does layoffs season started again?
I have read news of layoff in recent 3 4 days that GTA and other big companies including Tesla are laying off its employees
I am curious to know about the reason of that
Please share your opinion.on that
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