What is the reality in the software sector? We're seeing a wave of layoffs to start

2024, Unity and Twitch, along with some CEO changes at Twilio and Match. Is the sector recovering or

is this new lower growth era really just the new normal?

It's Wednesday January 10th. Welcome to the Tech Check podcast. I'm dear Dribosa with Mark Gilbert who is thinking a lot about cattle farming these days.

Yeah, just like Mark Zuckerberg I'm planning on raising my own steer. I actually

you're joking beer and macadamia nets.

Beer and macadamia nets but you're joking. On beer and macadamia nets?

But you're joking, but I have a take on the Zuckerberg thing, which is that just like Mark Zuckerberg

has sort of a new passion every year, it's like ultimate fighting and it's surfing and it's I'm gonna run this year

it mimics meta right or is that meta is constantly it's like got the metaverse and it's got it's doing video and it's doing

mobile and now we're doing chat it's like these constant moving in a different

direction but it feels more like planned like because it's not a distraction right because like the meta thesis has recovered and it's gone on to become more valuable

maybe he's just like this media genius, right? He captures our attention with random things like barbecue sauce and cattle farming and

Ultimate fighting so it distracts us from like the negative stuff that we still be focused on.

The big issues, but he sort of commits to it. Like he really does it. I know. Yeah, he's just like this big

they don't seem to be distractions, distractions either. But anyway anyway we digress

I just call Mark Zuckerberg a lovable nerd I think I have to take that back

yeah we might have to edit that out let's get to today's story yeah the hook for today's

story was this mini wave of layoffs that we've seen the first few days of the year.

Unity, which has stumbled in big strategic ways, already replaced its CEO.

They laid off 25% of its employees.

Twitch, mass layoffs there.

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