> Liu, 35, says that Airtable, a Forbes Cloud 100 honoree, had been swept up in the hiring frenzy that spread across the tech world following the easy-money days that followed the COVID lockdowns of 2021.

> “I let myself get caught in the hyper-competitive environment at that time. We had the capital and said, ‘let's hyper-scale; let's recruit as many smart people as we can and just throw them into the business and see what they can do,’” says Liu, adding that Airtable will be cash flow positive after this round of layoffs

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It is, and a startup reconfiguring as it pivots its focus is something that happens irrespective of overall unemployment levels.

Yes, totally, Joe Biden should disregard the careful work of thousands of economists and other professionals, and instead focus on a layoff of 237 people he heard about.