What Happens Now to All the Laid Off Tech Workers?
Odd Lots13 Feb 2023

What Happens Now to All the Laid Off Tech Workers?

The US labor market looks rock solid. The unemployment rate is at its lowest level in 50 years, while layoffs continue to trend downward. But there's one glaring exception and that's the tech industry. Nearly every major tech company has announced layoffs in the last few months, which is exactly the opposite of how things played out over the last decade, when the sector was a bright spot in an otherwise sluggish job market. So what's going on? Why now? Who is getting cut? And will these tech workers quickly find new jobs? Can they apply their skills to the burgeoning AI space? On this episode of the podcast, we bring back Patrick McKenzie, the author of the Bits About Money newsletter, who previously worked at Stripe for six years. He talks about the current trends in tech employment and why it's still a good idea to become an engineer.

See omnystudio.com/listener for privacy information.

Episoder(1188)

Henry Wang on China's Role in the New Emerging World Order

Henry Wang on China's Role in the New Emerging World Order

There is a widespread view that China is a superpower of rising status, and that a new global order is emerging with the country as an important pole in it. You see this with the growing BRICS organiz...

19 Sep 202553min

Elon Musk's Pay Package and the Threat to the Delaware Corporation

Elon Musk's Pay Package and the Threat to the Delaware Corporation

If you look at prospectuses and earnings documents for almost any company, you're going to see a Delaware address. For more than a century, the state has been the place to go to if you're setting up a...

18 Sep 202537min

The Cardboard Boxpocalypse and the State of the US Economy

The Cardboard Boxpocalypse and the State of the US Economy

Almost everything we buy nowadays has been in a box at some point. Goods are shipped in boxes. Products ordered online arrive at our doorstep in boxes. Boxes are so ubiquitous that some strategists us...

15 Sep 202543min

Vineer Bhansali on Losing Fed Independence as the Biggest Tail Risk Right Now

Vineer Bhansali on Losing Fed Independence as the Biggest Tail Risk Right Now

Everyone wants to buy the hedge that will save their portfolio in a time of collapse. But this is easier said than done. You need to understand the specific risks facing your portfolio. You also need ...

13 Sep 202545min

Rob Kaplan on the Fed, AI, and How Globalization Is Happening Without the US

Rob Kaplan on the Fed, AI, and How Globalization Is Happening Without the US

In this live episode, recorded at the Future Proof Festival in Huntington Beach, California, we speak with Rob Kaplan, the former president of the Dallas Federal Reserve Bank and the current vice chai...

12 Sep 202531min

What China's Military Parade and Newest Jets Tell Us About the Battle For Air Supremacy

What China's Military Parade and Newest Jets Tell Us About the Battle For Air Supremacy

The recent parade in Beijing once again raised questions about the relative strengths of the US and Chinese militaries. Meanwhile, because of recent global conflicts (including the clash between India...

11 Sep 202540min

Josh Wolfe on AI and the Breaking of Silicon Valley's Social Contract

Josh Wolfe on AI and the Breaking of Silicon Valley's Social Contract

One day it's so over. The next day we're so back. This is what it feels like gauging the AI boom right now. Everyone's looking for signs of some kind of slowdown and that investments aren't going pan ...

8 Sep 202550min

Everybody's Business: The Business of KPop Demon Hunters

Everybody's Business: The Business of KPop Demon Hunters

For this week’s episode of Bloomberg’s Everybody’s Business, Joe Wiesenthal joins Max Chafkin and Stacey Vanek Smith to fact check President Trump’s recent claim that the “stock market needs the tarif...

7 Sep 202544min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
pengesnakk
livet-pa-veien-med-jan-erik-larssen
utbytte
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
lederpodden
rss-markedspuls-2
rss-sunn-okonomi
rss-pa-konto
finansredaksjonen
stockup
boligbobla