Are You About to Get Laid Off?
Money Rehab with Nicole Lapin
Money News Network
4.6 • 1.7K Ratings
🗓️ 20 October 2021
⏱️ 8 minutes
🧾️ Download transcript
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| 0:00.0 | Hey guys, are you ready for some money rehab? |
| 0:05.0 | Wall Street has been completely upended by an unlikely player. Game stop. |
| 0:09.0 | That's a good one. |
| 0:10.0 | Ian and should I have a 401k because I don't do it? |
| 0:12.0 | No, I know. |
| 0:15.0 | I don't think the whole world will revolve around you on your money. |
| 0:18.0 | What a dumb shit. |
| 0:19.0 | Charge for wasting our time. |
| 0:23.0 | I will take a check. |
| 0:25.0 | I got a bullsh**. |
| 0:27.0 | You recognize her from anchoring on CNN, CNBC, and Bloomberg. |
| 0:31.0 | The only financial expert you don't need a dictionary to understand. |
| 0:35.0 | The cold lap in. |
| 0:37.0 | Throughout the course of the last year, I have heard many, many stories about people getting laid off. |
| 0:43.0 | In the face of economic downturn during the pandemic, countless companies decided to furlough or lay off their employees to offset financial losses. |
| 0:51.0 | Massive companies that you might think would be less affected by the pandemic that feel too big to fail, like Disney, Walmart, Comcast, AT&T, Nike, Microsoft, PNG, all laid off employees. |
| 1:05.0 | As a result, unemployment skyrocketed to the highest levels the country has seen in decades. |
| 1:11.0 | While unemployment is back on the decline and the economy is on the rise, we're not out of the woods just yet. |
| 1:18.0 | I wanted to create an episode to help people prepare for the worst after talking to some money rehabbers who were totally blindsided by company-wide layoffs. |
| 1:27.0 | Here's one. |
| 1:28.0 | Hey Nicole, my name is Abby, and I live in Providence. |
| 1:33.0 | Before the pandemic, I was working for a digital media company, and over the course of the past year, about 100 employees were laid off. |
... |
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