We don’t need to tell you about the layoffs that are defining the tech landscape right now, concentrated particularly in late-stage companies that are struggling to raise extension rounds and grow into existing valuations. What we do think is important, though, is focusing on a frustrating trend that is emerging between all these headlines: some companies have announced layoff after layoff in quick succession, a double reduction that feels surprising.
For a long-time, I noticed the same startups that conducted layoffs in March 2020 had to scale back again in the 2022 wave. The first wave was i
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