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


Hey, all — welcome again to Week in Assessment, the publication the place we sum up probably 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 e-mail went out Thursday night, whole groups are waking as much as discover their entry all of a sudden revoked. With experiences suggesting layoffs may influence 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: In the meantime, information of tech business layoffs continues to pour in. Lyft let go of 13% 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 net app (the Hangouts Android/iOS apps had been shuttered final yr) in favor of Google Chat. After all, given Google’s historical past with chat apps, I count on a minimum of 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 (“attributable to payload readiness points”) since late 2020.

Amazon expands its Music service: “The corporate mentioned it is going to now provide Prime subscribers a full music catalog with 100 million songs, as an alternative of the beforehand extra restricted collection of simply 2 million songs,” writes Sarah, “and can make a lot of the high podcasts on its service accessible with out advertisements.”

audio roundup

Whats up in TC podcast land this week? Right here’s a number of the highlights:

  • The Fairness crew chatted in regards to the ever-evolving position of the enterprise capitalist, and our pal Melia Russell from Enterprise Insider stopped by to fill us in on her current story about how “traders are rewriting the playbooks on the subject of maternity depart insurance policies at their corporations.”
  • Amanda joined Darrell on the TC Podcast to debate Elon’s “questionable plans” to vary up how id verification works on Twitter
  • The Chain Response workforce dive into the rising listing of troubles which have developed for Bitcoin miners in the previous few months.


Not part of TechCrunch+ but? Right here’s what TC+ members had 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! Only a few weeks after elevating an enormous 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 professional, Haje Jan Kamps, has an inventory of the errors he’s bored with seeing in decks, having reviewed hundreds of them.


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