2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E103: Tech layoffs surge, big tech freezes hiring, optimizing for profits, election preview & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

I'm Just Looking at the Markets Today Get Labs Down 15 Percent

If you counted casual workers informal workers over doing over 20 hours a week of informal work aka gig work you would increase labor participation between a half point and a point. The cloud computing index hit a new low for the year it's down to 23 bucks I think the previous lowest 25 is down almost 8 percent today. "People are rotating out of growth stocks yeah it's just brutal"

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