The Blind Ambition with Jack Kelly

Jack and Rick Take on the Labor Market, Pay Cuts and Why Layoffs Might Be the Worst Thing a Company Can Do

Feb 6, 2023

44:12

Creator website

Highlights

AI Chapters

Episode notes

Is That Too Simple to Take?

01:37

Do You Think That's a Good Idea?

02:54

Is There Something to This on Blind?

01:27

Introduction

5min

Is This What Happens During the Pandemic?

3min

Apple CEO Tim Cook Takes a Pay Cut

2min

Do You Think the Stock Market Will Be Changing?

3min

What's the Point of Stock Based Compensation?

3min

Is There Something to This on Blind?

1min

Do You Think That's a Good Idea?

3min

Is Mark Zuckerberg the Reason Why So Many of Us Have Eye Watering TCs?

2min

Is There Any Original Thought?

2min

10.

Why Aren't We Doing It?

2min

11.

Is This Really Going to Be Enough?

4min

12.

The Trends Are More Going Back to the Office, Right?

2min

13.

Is That Too Simple to Take?

2min

14.

I'm the Boss That I Got My Peat Cut, Right?

2min

15.

Is It Just Because They Don't Want To?

2min

16.

Are You Laying Off Thousands of People One at a Time?

3min

17.

Is There a Cold Blooded, Unwilliness to Take Responsibility?

2min

18.

Are We Losing Empathy?

4min

Jack Kelly and Rick Chen react to Intel's decision to cut the pay of the CEO, leadership team and middle management by 5% to 25% after its layoffs. We look into what might be the catalyst for these decisions and why high-profile pay cuts like Apple's Tim Cook might not be anything more than a PR play. Notably, Jack explores how job-cut announcements affect the stock market and the job market. Finally, Jack and Rick discuss the history of company reductions in force and why layoffs might be the worst thing a company can do.

https://blindap.onelink.me/ttCg/mhe5kscq

https://www.oregonlive.com/silicon-forest/2023/02/intel-slashes-wages-bonuses-after-disastrous-quarterly-results.html
https://www.forbes.com/sites/jackkelly/2023/02/01/ceos-of-apple-goldman-sachs-jpmorgan-and-other-top-companies-are-taking-pay-cuts/