Topic 1: Lessons from the Stripe Layoffs – for tech ITs, vendors, and everyone.
Stripe layed off 14% of their workforce, and were very open about the reasons. We all make mistakes in periods of rapid growth and rapid decline. This stuff is hard!
https://www.businessinsider.com/stripe-layoffs-memo-tech-sector-challenges-2022-11
https://www.npr.org/2022/11/14/1136659617/tech-layoffs-amazon-meta-twitter
https://www.channelfutures.com/business-models/gradient-msp-layoffs-20-impacted-amid-go-to-market-model-shift
Topic 2: Twitter Melting Down
Twitter has typically reviewed its products for privacy problems before rolling them out to users, to avoid additional fines from the F.T.C. and remain in compliance with the settlement. But because of a rapid pace of product development under Mr. Musk, engineers could be forced to “self-certify” so that their projects meet privacy requirements…
https://www.nytimes.com/2022/11/10/technology/elon-musk-twitter-employees.html
Topic 3: The Crypto Meltdown. Gaaaaaahhhhhhh!!!! (If you are an FTX investor)
https://www.forbes.com/sites/simonmoore/2022/11/10/what-to-make-of-this-weeks-crypto-meltdown/?sh=223282b937f8
https://www.forbes.com/sites/billybambrough/2022/11/13/jpmorgan-reveals-shock-cascade-bitcoin-price-prediction-after-stunning-ftx-meltdown/?sh=809cc6c3f66e
https://www.coindesk.com/markets/2022/11/11/ether-turns-deflationary-as-amount-of-eth-burned-spikes-amid-ftx-induced-market-volatility/
Crypto for MSPs: https://youtu.be/C6hXJC0_r3o
This week the proverbial $h!t hit the literal fan and the crypto market is in full-on chaos and panic mode. What? Why? How? Where do we go from here?
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