This chapter explores why companies choose to lay off employees before the holidays, including balancing budgets, reducing bonuses, avoiding emergencies, and blaming the macro environment. It also highlights specific companies, like Etsy and Hasbro, that have recently implemented layoffs.
Episode 214: Neal and Toby look at the recent layoffs from Cruise, Hasbro and Etsy and explain why companies announce layoffs just before the holidays. Plus, there's a board battle brewing at Disney and Starbucks doesn't run the coffee show in China anymore. The guys share their stocks of the week and why the rental market in the US may finally be favoring tenants. Finally, what business lessons can we learn from Willy Wonka?
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