Technology

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Reddit to lay off about 5% of workforce (www.livemint.com)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 7 points 2 years ago

This is also very true. Tech sector has been doing layoffs and admittingly these ones are pretty tiny in comparison to some other places, which is another factor why I think there will be more. And burning cash is quite true, which is part of why their investors are probably pushing hard for them to be ready for an IPO.