Happy Halloween, dear finance fans! This week, we have some scary cool tech topics to discuss, starting with Amazon's frightening freefall in talent retention. The en vogue expression for when someone is fired from a company? "We call that unregretted attrition," says Amazon via leaked documents. Read: Addition by subtraction. Pro-tip, Amazon: If you don't hire to nurture, employees are going to leave. Boom, solved Amazon's people problem! Speaking of problems, court challenges are hanging up student loan forgiveness a bit. Insiders say to still submit your relief application, though. In other news, Twitter's workforce is fed up with Elon Musk already. Will he drop his projected 5,600 jobs? Will a privately-owned Twitter become the digital badlands? We don't know! And freaking finally...an IPO we can get excited about. Mobileye slid into the market above its estimated trade price, which bodes well for market health. Will we be autonomous on the road by 2025? Probably not. Trick or treat: Home sales are down while interest rates soar. Scary. Last up is a scary moment for T-Swift fans when her new album broke Spotify last week. Listen... if you dare!

Links

Exclusive: Amazon’s attrition costs $8 billion annually according to leaked documents. And it gets worse. | Engadget

Supreme Court rejects request to block Biden student loan debt forgiveness program

Elon Musk said to plan to reduce Twitter's workforce by 75% (NYSE:TWTR)

Existing home sales fall to a 10-year low in September, as mortgage rates soar

Taylor Swift’s New Album ‘Midnights’ Crashes Spotify

The Mobileye IPO can’t save Intel-in-distress

 

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