Hello all, itâs Michael here from New York. Hope you are relaxing in your post-Thanksgiving food coma. Today weâre going to tell you about t
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Hello all, itâs Michael here from New York. Hope you are relaxing in your post-Thanksgiving food coma. Today weâre going to tell you about the other popular tech newsletter. But first... Todayâs must-reads: ⢠Amazon may have a [merrier Christmas]( than expected.
⢠Muskâs Twitter is restoring [anti-trans accounts]( that fuel hate.
⢠Sequoia apologizes for FTX, [a rare disaster]( for the storied VC firm. Captive audience The author of the most popular technology newsletter on the publishing platform Substack isnât a journalist by training, but a software engineer based in Amsterdam. In just over a year, Gergely Orosz has amassed 220,000 subscribers to his newsletter, [The Pragmatic Engineer](. âEngineers are a really tough crowd,â said Louie Bacaj, a New York-based entrepreneur who is a subscriber. âWe make each other go through all these crazy hoops on the white board to make sure we know our craft.â Orosz has âbuilt up this personal brand and heâs got a birdâs eye view into the entire industry.â Orosz, who is in his 30s, has worked at a variety of big names, from developing software for making markets in equity derivatives at JPMorgan Chase & Co. in the early 2010s to building the wallet and payments system at Uber Technologies Inc. He left Uber in 2020 and started the The Pragmatic Engineer the next year, according to his LinkedIn profile. He also serves as an advisor to a few startups. In his newsletters, he speaks with inside knowledge and authenticity about the industry. The Pragmatic Engineer covers a lot of ground, from sweepy pieces about the state of Big Tech and [layoffs](in the industry to how employees should prepare for performance reviews. Orosz also started a âbonus seriesâ called The Scoop, that focuses on industry trends and insights, and sometimes delivers what he calls âfirsthand, original reportage.â  One edition of The Scoop detailed how Meta Platforms Inc. was pushing back the start of new hires and chronicled LinkedInâs hiring freeze and expense cuts. âI have had to learn to use journalistic practicesâlike building relationships with sources, protecting anonymity, offering companies a chance to respond to claims,â Orosz wrote in a response to questions from Bloomberg. A subscription to Pragmatic Engineer costs $15 a month or $150 a year for two articles a week plus the archive and [access](to documents and templates about how to prepare for promotions, how to grow a young team and examples of performance reviews. A free version gives you access to one article a month. Crislana Rafael, a sophomore at Arizona State University, felt the price was worth it and subscribed in July. She interned at Google over the summer and said the newsletter has been a helpful resource. âBecause of his experience in engineering, he has that authority and thatâs probably why I feel more inclined to read what itâs about and pay attention to what he says,â she said. On Tuesdays, Orosz publishes long-form educational articles that he says go âdeep into a topic relevant for software engineers or engineering managers, and tend to offer actionable advice.â On Thursdays, there are timely pieces on Big Tech and high-growth startups. In addition to his newsletters, Orosz has a significant social media presence, and uses that platform to draw attention to subjects he may later cover behind the paywall. He boasts more than 260,000 followers across LinkedIn and Twitter, where heâs posted exclusive details about [Elon Muskâs](bbg://screens/ELON%20REEVE%20MUSK%20%28TESLA%20INC%2C%20CHIEF%20EXECUTIVE%20OFFICER%2FCO-FOUNDER%29) chaotic takeover of the site. His followers consist of fellow engineers, tech journalists, entrepreneurs and venture capitalists like Greylock Partnersâ Josh Elman. Orosz regularly tweets scoops about small startups that are cutting jobs or shutting down all together. Earlier this month, he said heâs taking a break from tweeting about layoffs, instead looking to âbalance things outâ by highlighting more positive material. In a recent edition of The Scoop, he devoted a section to companies that are bucking the trend and donât plan to reduce headcount, and compiled a list of those that are continuing to hire through the tech downturn. Osorz says heâs conflicted about being labeled a content creator, writer or âthought leader.â âMy business is still in its early days, and it keeps changing and evolving,â Orosz told Bloomberg. âThe best way Iâve found to describe what I do is that I run a one-person business which helps software engineers and engineering managers grow professionally.â â[Michael Tobin](mailto:mtobin37@bloomberg.net)
The big story Tech workers are confronting a âpit of despairâ as job cuts tear through the industry. After years of boom times, many young workers have never experienced [such a downturn]( and the accelerating layoffs have rattled a cohort who only months ago felt safe job-hopping in pursuit of better salaries and benefits. Get fully charged Microsoft agreed to buy a massive amount of clean energy for a [data center in Ireland.Â]( Elon Musk poked fun at a stash of [old T-shirts]( with #StayWoke emblazoned on them from the Black Lives Matter movement Has Teslaâs slump gone too far? [Morgan Stanley thinks so](. Follow Us More from Bloomberg Get Bloomberg Tech weeklies in your inbox: - [Power On]( for Apple scoops, consumer tech news and more, every Sunday
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