Millionaire and billionaire CEOs say thousands of laid-off tech staff just did 'fake work'

Tech Insider
Nap pods at Google's Mountain View headquarters.
Workers at Google could enjoy "nap pods" at the company's Mountain View, California, Googleplex — as seen in 2015. Now, some tech execs are questioning whether some tech workers have been really working at all.

Brooks Kraft LLC/Corbis via Getty Images

Silicon Valley is on a knife-edge after the collapse of SVB

Tech Insider

Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Today's Sunday edition. With the failure of Silicon Valley Bank, we're witnessing the biggest bank collapse since the 2008 financial crisis. We're diving into that and much more today.

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'PayPal Mafia' member says Google and Meta intentionally overhired engineers to prevent them from working at other companies.

Tech Insider

Beware of Bevi machines, buds. I'm Diamond Naga Siu, and I'm an avid water drinker. But I don't like bubbly drinks (they hurt my mouth) or flavored water (just drink juice).

Google and Meta over-hired thousands of employees who do 'fake work,' says PayPal Mafia's Keith Rabois

Tech Insider
Keith Rabois standing in a library.
The venture capitalist Keith Rabois said he blamed recent layoffs on Big Tech's pursuit of vanity metrics like head count.

Keith Rabois

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