Layoff Lessons, Gaming Power, & Commanding the Commanders 11/08/22

Thousands of workers have been laid off across the tech industry, and employees are braced for another blow from Meta. Labor expert and consultant Jason Greer warns workers: if you’re worried, start working from your office. As recession looms and inflation pressures consumers, gaming might be taking a hit; Take-Two Interactive Software, game publisher and owner of Grand Theft Auto and NBA 2K, cited squeezed consumers and flagging demand in its disappointing quarterly results. Chairman and CEO Strauss Zelnick discusses engaged but financially-stressed gamers, a gamer’s expectations of the metaverse, and leisure indicators for the larger economy. Plus, Jeff Bezos, Jay-Z, and now Matthew McConaughey are reportedly exploring a bid to buy the Washington Commanders, and the Tyson Foods CFO is in hot water. And…it’s Election Day–go vote!

 

In this episode:

Jason Greer, @LaborDiversity

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

Katie Kramer, @Kramer_Katie