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

Hey, all welcome again to Week in Review, the publication the place we sum up the most learn TechCrunch tales from the previous week. And oof, what every week it was.

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Mass layoffs at Twitter: It was Elon’s first full week as the boss of Twitter post-$44 billion acquisition. Sweeping layoffs had been mentioned to be on the approach and, effectively, they’ve begun. After a painfully impersonal heads-up electronic mail went out Thursday night, whole groups are waking as much as discover their entry instantly revoked. With studies suggesting layoffs might influence as much as half the firm, Twitter workers have reportedly taken to referring to the complete factor as “the snap” (the Thanos). A category motion lawsuit has already been filed alleging that Twitter is not following the correct authorized processes right here.

Layoffs in every single place: Meanwhile, information of tech business layoffs continues to for in. Lyft let go of 13% of its workforce, Stripe minimize 14%, Opendoor diminished its workforce by 18%, Chime parted methods with 12%, and extra. Meanwhile, each Apple and Amazon have reportedly gone into hiring freezes.

Google kills Hangouts: We knew it was coming, however this week Google put the closing nail in Hangouts’ coffin, shutting down the chat-focused internet app (the Hangouts Android/iOS apps had been shuttered final 12 months) in favor of Google Chat. Of course, given Google’s historical past with chat apps, I anticipate a minimum of two extra to be launched and/or shuttered by the time I end this text.

Falcon Heavy returns to house: This week SpaceX launched its Falcon Heavy rocket for the first time since 2019, lastly transferring ahead on a mission that had been delayed (“due to payload readiness issues”) since late 2020.

Amazon expands its Music service: “The company said it will now offer Prime subscribers a full music catalog with 100 million songs, instead of the previously more limited selection of just 2 million songs,” writes Sarah, “and will make most of the top podcasts on its service available without ads.”

audio roundup

Whats up in TC podcast land this week? Here’s a few of the highlights:

  • Tea equity-crew chatted about the ever-evolving function of the enterprise capitalist, and our buddy Melia Russell from Business Insider stopped by to fill us in on her current story about how “investors are rewriting the playbooks when it comes to maternity leave policies at their firms.”
  • Amanda joined Darrell on the TC Podcast to debate Elon’s “questionable plans” to alter up how id verification works on Twitter
  • Tea chain reaction workforce dive into the rising listing of troubles which have developed for Bitcoin miners in the previous few months.

techcrunch+

Not part of TechCrunch+ but? Here’s what TC+ members had been studying most behind the paywall:

Pilot’s CEO tears down their $60 million Series C deck: Published in early 2021, this one blew up for some purpose this week! Just a couple of weeks after elevating an enormous Series 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: Speaking of pitch decks, TC’s resident pitch skilled, Haje Jan Kamps, has an inventory of the errors he is bored with seeing in decks, having reviewed 1000’sof them.

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