Companies like meda platforms have ordered a freeze on hiring. And i can't imagine we're not going to see more of this from large public companies, he says. Consumers are already feeling the pinch of record high inflation and an unemployment situation where now all the stimulus has really ultimately disappeared. Ihave a feeling it's going o be a bumpy rud you know who's not coming back on their marketing spend?
More companies are getting more serious about cutting spending. (0:20) Jason Moser discusses: - Uber's CEO telling employees they are cutting marketing and treating hiring like a privilege - Meta Platforms placing a freeze on hiring - The huge opening weekend box office for "Dr. Strange and the Multiverse of Madness" - Encouraging data around younger Americans' comfort level with going to theaters (14:55) Motley Fool contributor Rachel Warren talks with AppHarvest CEO Jonathan Webb about why he founded his company, the future of farming, and trends investors should be watching. Stocks discussed: UBER, FB, DIS, PARA, CMCSA, SONY, APPH Host: Chris Hill Guests: Jason Moser, Rachel Warren, Jonathan Webb Producer: Ricky Mulvey Engineers: Dan Boyd
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