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A Wave of Big Tech Layoffs
Manage episode 517750678 series 3439383
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The economy is in a weird place. Nvidia added more than $600 billion in market cap in five trading days. Amazon cut 14,000 workers. AI is the reason for both.
Malcolm Ethridge and Ricky Mulvey discuss:
- Why Nvidia’s market cap continues to skyrocket.
- OpenAI’s proposed initial public offering, and why “$60 billion won’t cut it”.
- Some takeaways from big tech earnings.
In the second half of the show, Malcolm and Ricky discuss the wave of white collar layoffs. They talk about the economic implications and the personal finance piece if you are anticipating you may get laid off, or you’ve recently experienced one.
Hosts: Ricky Mulvey, Malcolm Ethridge
Engineer: Mark Lamorgese
94 episodes
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