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Bloomberg Businessweek Weekend - June 16th, 2023

Bloomberg Businessweek

00:00

The Slowdown in the Jobs Market in Silicon Valley

Ellen Hewitt reports on the once invincible job market in Silicon Valley. She says there have been 200,000 layoffs in tech this year and it's leveling out. There is a sense of fear among some people that they're going to get rescinded offers at companies like Google or Facebook. Ellen: The repercussions of this are going to be felt for a very long time.

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