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No Soft Landing (EP.282)
Animal Spirits Podcast
Stock Market Readjustment
Stripe cut 14 percent of its workforce, but it's a very small portion of the population. Stripe is giving to their employee severance pay 14 weeks of severance for all departing employees. In terms of like layoffs, which are never a good thing, this is a nice little package. If you had told us gone back 18 months and said the tech sector is getting demolished, stocks are down 80 to 90 percent in certain cases.
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