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Well, listeners, Elon's less than a week in and already making unpopular moves by gutting the employee base at Twitter by 50 percent, leaving 3,000 people without jobs. Lawsuits pending. Twitter's not alone in the tech recession, though. Stripe has also announced that it will lay off 14 percent of its employees, alongside a bevy of companies announcing hiring freezes, including Amazon and Lyft. We also talk about updates to SEC's Rule 10b5-1 around plans and declarations surrounding stock trades. Brace for the winter, dear listeners!
Links
Twitter sued by employees after mass layoffs begin
US Probes Insider Trading in Prearranged Executive Stock Sales
Digital payments firm Stripe to lay off 14% of workforce
The war for talent is over. Talent won, says PwC U.S. chairman Tim Ryan
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