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Is the Stock Market Getting Ahead of Itself? (EP.293)

Animal Spirits Podcast

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Is There Anything You Can Learn From These Tech Layoffs?

Tech layoffs tell us absolutely nothing about the economy right now. The reason that they are letting so many people go is because they over hired plain and simple. Apple's workforce grew about 20%, 164,000 people they added over the same period. Employee count at Amazon doubled. Microsoft's rose 53%. Google's rose 57% and Facebook rose 94%.

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