Uh Oh....The Layoffs Begin

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Downturns always separate the winners from losers. Everyone appears to be a winner in a boom, and when panic sets in people sell everything. There will be winners.

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Startup layoffs not limited to US. Indian startups have laid off ~11k employees YTD.

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Good website to keep an eye on layoffs

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You don’t like this one? ?

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Sell the stock for any companies that are laying off people.

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Screenshot_20220707-143728
Screenshot_20220707-1437281080×2280 269 KB

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I hope twitter goes bankrupt. It’s based on a bankrupt idea

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Twitter should announce earrings in the next 2-3 weeks. Stock trading is usually prohibited that close to earnings. They’ll be able to sell after the announcement. The no end date is probably from someone uniformed, or it’s because they haven’t announced a specific earnings date yet.

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Oh, sheet, more… not looking good

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https://nypost.com/2022/08/10/online-marketing-ceo-braden-wallake-posts-crying-selfie-announcing-layoffs-gets-roasted/?utm_campaign=SocialFlow&utm_source=NYPFacebook&sr_share=facebook&utm_medium=SocialFlow&fbclid=IwAR0uAI9-ZCFSQMpAM1H8rpw4u65ssA_6g7z_Uu2LL2adcxV7rqNBrS2xN9I&fs=e&s=cl

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Um, do people prefer the guy that makes fun of the people being laid off?

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No worries, market cap of SNAP is still way higher than what Mark is willing to pay.

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