Hey, all — welcome again to Week in Review, the e-newsletter the place we sum up essentially the most learn TechCrunch tales from the previous week. And oof, what per week it was.
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most learn
Mass layoffs at Twitter: It was Elon’s first full week because the boss of Twitter post-$44 billion acquisition. Sweeping layoffs had been mentioned to be on the best way — and, properly, they’ve begun. After a painfully impersonal heads-up electronic mail went out Thursday night, whole groups are waking as much as discover their entry immediately revoked. With stories suggesting layoffs may impression as much as half the corporate, Twitter staff have reportedly taken to referring to the entire thing as “the snap” (à la Thanos). A class motion lawsuit has already been filed alleging that Twitter isn’t following the correct authorized processes right here.
Layoffs all over the place: Meanwhile, information of tech trade layoffs continues to pour in. Lyft let go of 13% of its workforce, Stripe minimize 14%, Opendoor decreased its workforce by 18%, Chime parted methods with 12%, and extra. Meanwhile, each Apple and Amazon have reportedly gone into hiring freezes.
Google kills Hangouts: We knew it was coming, however this week Google put the ultimate nail in Hangouts’ coffin, shutting down the chat-focused net app (the Hangouts Android/iOS apps had been shuttered final 12 months) in favor of Google Chat. Of course, given Google’s historical past with chat apps, I count on not less than two extra to be launched and/or shuttered by the point I end this text.
Falcon Heavy returns to house: This week SpaceX launched its Falcon Heavy rocket for the primary time since 2019, lastly transferring ahead on a mission that had been delayed (“due to payload readiness issues”) since late 2020.
Amazon expands its Music service: “The company said it will now offer Prime subscribers a full music catalog with 100 million songs, instead of the previously more limited selection of just 2 million songs,” writes Sarah, “and will make most of the top podcasts on its service available without ads.”
audio roundup
Whats up in TC podcast land this week? Here’s among the highlights:
- The Equity crew chatted in regards to the ever-evolving function of the enterprise capitalist, and our good friend Melia Russell from Business Insider stopped by to fill us in on her current story about how “investors are rewriting the playbooks when it comes to maternity leave policies at their firms.”
- Amanda joined Darrell on the TC Podcast to debate Elon’s “questionable plans” to vary up how identification verification works on Twitter
- The Chain Reaction group dive into the rising listing of troubles which have developed for Bitcoin miners in the previous few months.
techcrunch+
Not part of TechCrunch+ but? Here’s what TC+ members had been studying most behind the paywall:
Pilot’s CEO tears down their $60 million Series C deck: Published in early 2021, this one blew up for some motive this week! Just just a few weeks after elevating an enormous Series C, Pilot CEO Waseem Daher sat down with Lucas Matney to interrupt down what labored about their pitch deck.
The commonest pitch deck errors: Speaking of pitch decks, TC’s resident pitch professional, Haje Jan Kamps, has an inventory of the errors he’s bored with seeing in decks, having reviewed hundreds of them.