Amazon Lays Off 9000 Workers, Google Bard AI Launches, and Half of Job Listings Are Fake
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Hey guys, sorry I missed you Monday and Tuesday was feeling under the weather. Getting back into things with anther rundown of recent business news and economic stories. Amazon laid off another 9,000 workers, this week Disney is also beginning layoffs with layoffs at ESPN to follow. We learned that 92% of Zillenials ie those falling between being Gen Z and Millenials prefer shopping in store despite being online natives. The Feds balance sheet grew 300 Billion in the past week which is sure to lead to more inflation and we hear about the J Powell and the Fed's rate hike today.
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