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E103: Tech layoffs surge, big tech freezes hiring, optimizing for profits, election preview & more
All-In with Chamath, Jason, Sacks & Friedberg
Are You Going to Stay in the Stock Cash Today Versus Cash in the Future?
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Apple's hiring freeze tells you something about how fast the economy is slowing down. How deep these companies are cutting becomes a signal for those shareholders on whether or not they want to stay in that stock. We're seeing too many riffs where the details of the riff and the magnitude of the riff don't match up with what the objective of the riff is, he says.
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