Hey, I'm Cal Penn.
And on my new podcast, Here We Go Again,
we'll take today's trends and headlines and ask, why does history keep repeating itself?
Each week, I'm calling up my friends like Bill Nye, Lily Singh,
and Pete Buttigieg to talk about everything from the space race to movie remakes to psychedelics.
Put another way, are you high?
Look, the world can seem pretty scary right now.
But my goal here is for you to listen and feel a little better about the future.
Listen and subscribe to Here We Go Again with Calpin on the iHeart radio app,
Apple podcasts, or wherever you get your podcasts.
And we hope you join us on the investing for beginners podcast on the investing for beginners podcast Bloomberg audio studios podcasts radio news I Get a lot of push alerts on my phone and over the last few weeks it seemed like many of them were about layoffs Amazon planning to cut thousands of corporate workers Target will be eliminating about 1,800 roles.
Other tech giants like Meta, Google, and Intel have also made cuts this year.
Paramount Skydance expected to eliminate around 2,000 jobs in the U.S.
with additional layoffs internationally.
From Amazon to Microsoft, Walmart to UPS, U.S.
companies have been slashing away at their workforces.
Julia Fanzares covers the U.S.
economy for Bloomberg.
Can I ask her, is this the kind of layoff spike that we often see at this time of year,
or is something else going on?