Stock Club

#111 Why Are So Many Tech Companies Laying Off Staff?


Listen Later

Build a high-growth portfolio based on tried and tested strategies and sign up to Horizon today 👉 Get instant access


Fears about the economy have been compounded recently as dozens of tech companies announce that they are cutting jobs. Coinbase, Redfin, Tesla, Stitch Fix, Robinhood, and Peloton… lay-offs for all of these have added a lot of fear and uncertainty for both employees and the wider market.

Are job cuts just part of the wider economic environment, or are they red flags for the companies involved?

In this episode, we also chat about:

  • The crypto crash and how it might affect the stock market.
  • And the perfect stock investment to weather current market volatility.

Plus, you can also check out Mike's full pitch on Zoetis here by tuning in and listening to Stock Club in the MyWallSt app.

MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.

--- Send in a voice message: https://anchor.fm/stock-club/message


Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

Stock ClubBy MyWallSt

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

98 ratings


More shows like Stock Club

View all
Motley Fool Money by The Motley Fool

Motley Fool Money

3,243 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,360 Listeners

Rule Breaker Investing by The Motley Fool

Rule Breaker Investing

945 Listeners

Investing Insights by Morningstar

Investing Insights

525 Listeners

Best Stocks Now with Bill Gunderson by Bill Gunderson

Best Stocks Now with Bill Gunderson

362 Listeners

Zacks Market Edge by Zacks Investment Research

Zacks Market Edge

298 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

948 Listeners

The Investing for Beginners Podcast - Your Path to Financial Freedom by By Andrew Sather, Stephen Morris, and Evan Raidt | Stock Market Guide to Buying Stocks

The Investing for Beginners Podcast - Your Path to Financial Freedom

1,412 Listeners

Chit Chat Stocks by Chit Chat Stocks

Chit Chat Stocks

197 Listeners

The Acquirers Podcast by Tobias Carlisle

The Acquirers Podcast

297 Listeners

The Long View by Morningstar

The Long View

939 Listeners

The Intrinsic Value Podcast - The Investor’s Podcast Network by The Investor's Podcast Network

The Intrinsic Value Podcast - The Investor’s Podcast Network

560 Listeners

Behind the Balance Sheet by Stephen Clapham's Podcast on Value Investing | Stockmarket Analysis | Equities

Behind the Balance Sheet

48 Listeners

Investing Experts by Seeking Alpha

Investing Experts

74 Listeners

Stock Market Today With IBD by Investor's Business Daily

Stock Market Today With IBD

55 Listeners