Two seemingly contradictory pieces of news landed Friday morning, each weird and debatably unpleasant in its own special way.Elon Musk, has threatened a round of layoffs that could cut as much as 50% of the social platform’s staff.
The pair of items are a reminder of the deep disconnection between the tech sector and the rest of the economy. The Musk/Twitter situation is very unique and hilarious. But it’s also aof the wider forces driving tech, at least for the moment, in the opposite direction of the rest of the U.S. economy.staff because he bumbled and trapped himself into buying a pig in a poke. In April he made an unsolicited offer of $44.20 per share for the company.
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