Elon guts Twitter, Google shutters Hangouts, and the tech layoffs proceed • TechCrunch

Hey, all — welcome again to Week in evaluation, the e-newsletter the place we sum up in all probability the most study TechCrunch tales from the previous week. And oof, what per week it was.

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Mass layoffs at Twitter: It was Elon’s first full week as a outcome of the boss of Twitter put up-$forty 4 billion acquisition. Sweeping layoffs have been acknowledged to be on the method by which — and, properly, they’ve begun. After a painfully impersonal heads-up piece of email went out Thursday night, complete teams are waking as a lot as discover their entry out of the blue revoked. With stories suggesting layoffs may affect as a lot as half the agency, Twitter workers have reportedly taken to referring to the full factor as “the snap” (à la Thanos). A class movement lawsuit has already been filed alleging that Twitter isn’t following the proper authorized processes right here.

Layoffs in each place: in the meantime, information of tech enterprise layoffs continues to pour in. Lyft let go of thirteen% of its workforce, Stripe reduce 14%, Opendoor decreased its workforce by 18%, Chime parted methods with 12%, and extra. in the meantime, 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 internet app (the Hangouts Android/iOS apps have been shuttered final yr) in favor of Google Chat. in fact, given Google’s historic previous with chat apps, I count on not decrease than two extra to be launched and/or shuttered by the function I finish this textual content material.

Falcon Heavy returns to space: This week SpaceX launched its Falcon Heavy rocket for the fundamental time since 2019, lastly transferring forward on a mission that had been delayed (“on account of payload readiness factors”) since late 2020.

Amazon expands its Music service: “the agency acknowledged it can now supply Prime subscribers a full music catalog with a hundred million songs, as an alternate of the beforehand extra restricted various of simply 2 million songs,” writes Sarah, “and would possibly make a lot of the most interesting podcasts on its service out there with out adverts.”

audio roundup

Whats up in TC podcast land this week? right here’s amongst the numerous highlights:

  • The equity crew chatted regarding the ever-evolving position of the enterprise capitalist, and our buddy Melia Russell from enterprise Insider stopped by to fill us in on her current story about how “buyers are rewriting the playbooks with reference to maternity depart insurance coverage policies at their firms.”
  • Amanda joined Darrell on the TC Podcast to debate Elon’s “questionable plans” to change up how identification verification works on Twitter
  • The Chain response group dive into the rising itemizing of troubles which have developed for Bitcoin miners inside the earlier few months.


Not an ingredient of TechCrunch+ but? right here’s what TC+ members have been studying most behind the paywall:

Pilot’s CEO tears down their $60 million sequence C deck: revealed in early 2021, this one blew up for some motive this week! solely a pair of weeks after elevating an massive sequence C, Pilot CEO Waseem Daher sat down with Lucas Matney to interrupt down what labored about their pitch deck.

the most typical pitch deck errors: talking of pitch decks, TC’s resident pitch expert, Haje Jan Kamps, has a itemizing of the errors he’s uninterested in seeing in decks, having reviewed 1000’s of them.


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