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Tech workforces: how low can they go?

Even after previous breakneck expansion, productivity will eventually suffer if lay-offs are not well managed

The old tech question “how many programmers does it take to change a lightbulb?” has been superseded by “how many people are needed to run a tech company”. One popular answer to the latter is “fewer”.

Since buying Twitter, Elon Musk has jettisoned close to three-quarters of the workforce. So far, he cannot claim any great success. Advertising revenue is down and outages recur.

Twitter serves as an extreme example of what is possible. After years of employee expansion, tech is shrinking.

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