As we've seen so many layoffs a common refrain is that CEOs say "they take responsibility" but it means nothing. I thought it was interesting that at least in this case the CEO laid herself off too.
I can only see an acquisition from a private equity firm or a shutdown of this company since even startups like Thread running itself to the ground recently [0]
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[ 2.9 ms ] story [ 14.6 ms ] thread[0] https://www.thread.com/goodbye