<ul><li>In response to a post by tech blogger Robert Scoble lamenting the challenges of Silicon Valley, Elon Musk took to X to express his concern, stating, "Lot of layoffs happening."</li><li>This comes in the wake of eBay's announcement of a significant workforce reduction, cutting 1,000 jobs, constituting 9% of its employees. The tech industry has seen a trend of layoffs, with giants like Google and Amazon already letting go of hundreds of employees this year.</li></ul>

Lot of layoffs happening: Elon Musk

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