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Hey, all — welcome again to Week in Evaluate, the e-newsletter 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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Mass layoffs at Twitter: It was Elon’s first full week because the boss of Twitter post-$44 billion acquisition. Sweeping layoffs have been stated to be on the way in which — and, nicely, they’ve begun. After a painfully impersonal heads-up e mail went out Thursday night, total groups are waking as much as discover their entry all of a sudden revoked. With stories suggesting layoffs might influence as much as half the corporate, Twitter workers have reportedly taken to referring to the entire thing as “the snap” (à la Thanos). A category motion lawsuit has already been filed alleging that Twitter isn’t following the correct authorized processes right here.
Layoffs in every single place: In the meantime, information of tech business layoffs continues to pour in. Lyft let go of 13% of its workforce, Stripe lower 14%, Opendoor diminished 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 internet app (the Hangouts Android/iOS apps have been shuttered final 12 months) in favor of Google Chat. After all, given Google’s historical past with chat apps, I count on no less than two extra to be launched and/or shuttered by the point I end this article.
Falcon Heavy returns to area: This week SpaceX launched its Falcon Heavy rocket for the primary time since 2019, lastly transferring ahead on a mission that had been delayed (“because of payload readiness points”) since late 2020.
Amazon expands its Music service: “The corporate stated it’s going to now provide Prime subscribers a full music catalog with 100 million songs, as an alternative of the beforehand extra restricted number of simply 2 million songs,” writes Sarah, “and can make many of the prime podcasts on its service obtainable with out adverts.”
Whats up in TC podcast land this week? Right here’s a number of the highlights:
Not part of TechCrunch+ but? Right here’s what TC+ members have been studying most behind the paywall:
Pilot’s CEO tears down their $60 million Collection C deck: Printed in early 2021, this one blew up for some purpose this week! Only a few weeks after elevating an enormous Collection C, Pilot CEO Waseem Daher sat down with Lucas Matney to interrupt down what labored about their pitch deck.
The commonest pitch deck errors: Talking of pitch decks, TC’s resident pitch knowledgeable, Haje Jan Kamps, has a listing of the errors he’s bored with seeing in decks, having reviewed hundreds of them.
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