The first festival in 2024 saw 30,000 people attend for £50 each, while tickets ranged from from £65 to 125 last year.
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“We’re already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company,” wrote Dorsey in announcing the layoffs Thursday. “And that’s accelerating rapidly.”