Apple to lay off a third of its workers (1997)

  • Great callout. I believe the playbook for Twitter is now crystal clear:

    * Bring back Jack Dorsey as the founding luminary

    * Have him strike a deal with their ancient rival Facebook for an injection of capital in exchange for embedding Instagram on Twitter

    * Watch as the stock price goes vertical (??)

    </satire>

  • Ahh yes. The time when Apple stocks were trading less than $1. And the company was on the express train to insolvency.

  • Ah, the old double-take-before-seeing-1997 trick.