9min chapter

Breaking Points with Krystal and Saagar cover image

1/24/23: RussiaGate FBI Agent Arrested, Biden's New Chief of Staff, Microsoft Invests In ChatGPT, Universities Shocked By AI, Ruben Gallego Runs Against Krysten Sinema, Jeff Bezos Sale of Washington Post, Federal Debt, Tech Sector Layoffs, Derek Thompson

Breaking Points with Krystal and Saagar

CHAPTER

The Contradiction of Low Unemployment and Tech Layoffs

This chapter discusses the contradiction between the low overall unemployment rate and the significant number of job layoffs in the big tech and media companies. The speaker explores the reasons for this phenomenon, including the misconception of the pandemic accelerating a future of remote work and online services. Factors like inflation and stock market fluctuations are also mentioned as contributing to the layoffs.

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