The reasoning could be that this makes reliably scaling down (and thus keep making a profit) easier, starting with getting rid of SREs.
We have similar movement going on with Xing here in Hamburg, Germany (once conceived as a LinkedIn competitor).
Great names that still have a lot of momentum, but are expected by ownership to slow down.
Reminds me of Scott Galloway’s most profitable investment having been a yellow pages company. Yes, the market shrunk, but they could shrink running costs as fast or even faster.
We have similar movement going on with Xing here in Hamburg, Germany (once conceived as a LinkedIn competitor).
Great names that still have a lot of momentum, but are expected by ownership to slow down.
Reminds me of Scott Galloway’s most profitable investment having been a yellow pages company. Yes, the market shrunk, but they could shrink running costs as fast or even faster.