On this episode of The Rate Guy Podcast we lay out our current take on the Fed's situation, discuss the widespread layoffs and the upcoming jobs report. 

 

For graphs referenced check out our Newsletter 

ZipRecruiter conducted a survey of recently laid off workers (https://www.ziprecruiter.com/blog/survey-of-recently-laid-off-workers/). 

Here's a list of some publicly announced layoffs (https://mondo.com/insights/mass-layoffs-in-2022-whats-next-for-employees/) - Roku layoffs: 6% of workforce laid off (March, 2023) - Lucid Group layoffs: 18% of workforce laid off (March, 2023) - Meta layoffs: 13% of workforce laid off (March, 2023) - Twitter layoffs: 10% of workforce laid off (February, 2023) - Twillo layoffs: 17% of workforce laid off (February, 2023) - Roomba layoffs: 7% of workforce laid off (February, 2023) - Disney layoffs: 3% of workforce laid off (February, 2023) - Zoom layoffs: 15% of workforce laid off (February, 2023) - Dell layoffs: 5% of workforce laid off (February, 2023) - HubSpot layoffs: 7% of workforce laid off (February, 2023) - PayPal layoffs: 7% of workforce laid off (February, 2023) - IBM layoffs: 1.5% of workforce laid off (January, 2023) - Gemini layoffs: 10% of workforce laid off (January, 2023) - Yankee Candle layoffs: 13% of office workers laid off (January, 2023) - Spotify layoffs: 6% of workforce laid off (January, 2023) - Google (Alphabet) layoffs: 6% of workforce laid off (January, 2023) - Microsoft layoffs: 4-5% of workforce laid off (January, 2023) - Amazon layoffs: 1-2% of workforce laid off (January, 2023) - Carta layoffs: 10% of workforce laid off (January, 2023) - Coinbase layoffs: 20% of workforce laid off (January, 2023) - DirecTV layoffs: 5-6% of workforce laid off (January, 2023)

- Salesforce layoffs: 10% of workforce laid off (January, 2023) - Vimeo layoffs: 11% of workforce laid off (January, 2023) - Goldman Sachs layoffs: 8% of workforce laid off (January, 2023) - Stitch Fix layoffs: 20% of workforce laid off (January, 2023)