Goldman Sachs says there's not an abundance of evidence here, but they're picking up on signs that people are able to turn around and get a new job pretty quickly. We had the job opening numbers for December just a few days ago, and across the economy, there are still 11 million job openings, unfilled jobs. And for now, as we heard from Jay Powell earlier today, the job market has not turned.
Bloomberg News Senior Editor Chris Anstey explains what layoffs in the technology industry mean for the broader US labor market. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Deals Reporter Ed Hammond provide the details of Ed's Businessweek Magazine story Activist Investors Find Big Companies Are Ripe Targets Again. Bloomberg Opinion Senior Columnist Beth Kowitt discusses how artificial intelligence has infiltrated decision-making on hiring, training and evaluations, and now it’s creeping into the layoff process as well. And we Drive to the Close with Sarah Ponczek, Financial Advisor at UBS Private Wealth Management.
Hosts: Carol Massar and Mike Regan. Producer: Paul Brennan.
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