It's not clear to me from that post how they will be spending the money they'll save by firing 60% of our R&D team.

Could someone explain it?

If you have a lot of new stuff to build, and if you're not currently losing money, why start a new initiative with a layoff?

Miner49er 3 hours ago | parent | next [-]

Yeah doesn't make sense.

My guess is they are doing this to prep for an acquisition. Probably by an AI company or Datadog or similar.

	▲	nunez 2 hours ago \| parent [-]
		That's exactly what's happening here.

Tokens, I’d wager.