Zoe Schiffer

It makes sense to restructure.

If you can vibe code, you know, say Shopify on like a weekend with two really, really good engineers, why does Shopify need hundreds and hundreds of them?

I don't want those people to lose their jobs.

But like, frankly, I don't know.

I do believe that.

For sure.

And I think it is a bit confusing because I think there are a lot of people who are like, my company is rolling out AI tools.

They suck.

And I'm spending a lot of time correcting the AI.

In no world could this agent do what I am doing.

And I think that that is also accurate.

I think to do AI correctly, you need to be really thoughtful with how you roll it out.

And frankly, you need really, really talented people who are managing the agents and figuring out how these tools can be deployed and how they can do the work that was previously done by many people.

And so I think it's a rare company that is actually executing this new vision really, really well.

And a lot of the layoffs we're seeing are not that.

No, no, I don't think I mean, I don't think the job market is great.

But I think what we're seeing happen is that people aren't moving from their jobs.

If you talk to people at Apple, Apple famously doesn't do layoffs.

So if you have a job at Apple, even if you're, you know, ideally would like to like move on, you are hanging on for dear life right now.

Because it's hard.