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Mass culling
To:Brew Readers
Meta lays off 10% of its workforce...
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Happy Hump Day. ICYMI, Founder Brew has arrived. Morning Brew’s newest newsletter gets into the nitty-gritty of building a great company: the tough calls, the trade-offs, and the lessons that don’t make the highlight reel. If you’re a founder, aspiring founder, startup investor, or just like reading about them, this newsletter’s for you. Subscribe here.

—Matty Merritt, Sam Klebanov, Dave Lozo, Adam Epstein

In today’s newsletter, we’ll get into:

  • Morale at Meta reportedly in the gutter as layoffs loom
  • Your old Kindle losing Amazon’s support
  • Pizza Hut going full nostalgia mode

MARKETS

Nasdaq

25,870.71

S&P

7,353.61

Dow

49,363.88

10-Year

4.667%

Bitcoin

$76,858.79

Nvidia

$220.61

Data is provided by

*Stock data as of market close, cryptocurrency data as of 5:00pm ET. Here's what these numbers mean.

  • Markets: Stocks did an impression of your heart after the twist at the end of Arrival and sank yesterday, as inflation worries continue to weigh on markets. Even Nvidia was down for the day, ahead of the chipmaker reporting earnings today.
 
         
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