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Podcast: Rocketship.fm
Episode: Never ending tech layoffs, winners and losers of the week & CNBC's Senior Media & Tech Reporter Julia Boorstin on When Women Lead
Description: The tech layoffs continue as Stripe slashed 1,000 jobs, or 14% of its workforce, and Lyft and Affirm joined the fray. Twitter recently made big cuts as Elon Musk cut the Twitter workforce in half, and now Meta is getting ready to announce significant cuts later this week. Leaders dramatically overestimated tech’s pandemic-fueled boom. Or, they thought they had more to do with the boom than they actually did. Even as Covid-19 shut down much of the economy, the digital realm continued to thrive as everyone was stuck at home using their devices. This meant more time absorbing ads...