Tech companies are laying off workers for the first time in their history. Some say it's a way to save money now, but is this really what will help them long-term? Media layoffs as well; they're both ad dependent and advertisers worried about recession.
Wealthy companies like Google and Microsoft are announcing unprecedented layoffs — all while the economy is trending in the right direction. Vox’s Emily Stewart explains.
This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Sean Rameswaram.
Transcript at vox.com/todayexplained
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