Twitter staff were told to listen to a podcast hosted by 2 of Elon Musk's advisers for 'insights' into mass layoffs, report says
Sacks said thatThe hosts celebrated Musk's decision to layoff 50% of Twitter's staff, despiteFriedberg said the move could allow Musk to set"a new standard for how profitable a tech company can get," and suggested other companies could"try and mimic the Elon playbook."
Sacks described companies laying off 10% of their staff as"tepid," adding that in these instances, more layoffs are likely to be needed in the near future."They have to come back and they do it again and they do it again," he said. Friedberg then added that Musk could show"the entirety of Silicon Valley that you can cut deep and you can turn a profit and you can do it fast."On the podcast, Sacks explained that he and Calacanis don't have official roles at Twitter, but"are just pitching in and helping out while Elon establishes his permanent team."Subscribe to push notifications
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