We are seeing the lay market split into two groups now. One group that's still adding jobs very rapidly and another group, a set of industries that are disproportionately affected by high interest rates. We will see some sectoral pain. Big tech, major enterprise companies, many of them earn the majority of their revenue abroad. And so those non-dollar, denominated sales are hurting their margins.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode