Pivot Microsoft's Hard Landing, Bitcoin Bounces Back, and Inside Twitter with Zoe Schiffer
24 snips
Jan 20, 2023 
Zoe Schiffer, the managing editor of Platformer and an expert on Twitter, shares her insights on the platform's turbulent journey under Elon Musk. She discusses the significant revenue drop and the impact of recent layoffs on employee morale and functionality. Zoe also dives into Twitter's financial struggles and the challenges of restructuring amid legal issues. Additionally, the episode touches on the surprising rebound of Bitcoin, offering a glimpse into the volatile world of cryptocurrency and its speculative nature.
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Tech Layoffs and Media Narrative
- Media focuses on tech layoffs but ignores that companies like Microsoft hired more people than they laid off.
- Scott Galloway suggests questioning media narratives and looking at the bigger picture of employment data.
Firing People
- Scott Galloway emphasizes the importance of swift and decisive action when firing employees.
- He believes this allows companies to be more agile and generous, benefiting both the company and the employees.
Subscription Model Pressure
- Subscription business models may be under pressure.
- Consumers are becoming more discerning about the value they receive for their subscription dollars.