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Slate Money

Pay Offs & Lay Offs

Slate Money

Slate Podcasts

Investing, Business

4.3988 Ratings

🗓️ 31 May 2025

⏱️ 51 minutes

🧾️ Download transcript

Summary

This week: Felix Salmon left Axios. He, Emily Peck and Elizabeth Spiers discuss the opaque language and politics around parting ways with an employer and the motivation behind giving severance packages. Then, it seems the threat of AI taking over jobs is becoming real as the hosts examine the role state of AI in tech and other industries and its effect on the job market. Finally, major stablecoin issuer Circle is going public. So what is a stablecoin and why do people want them? In the Slate Plus episode: Donald Trump’s Rococo Share Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to Slate Money, your business and finance news of the week.

0:17.9

I'm Felix Salmon of Kind of Sotomayoraxios. I'll talk about that coming up. I'm joined by

0:23.9

Elizabeth Spires of New York Times and places like that. Hello. I'm joined by Emily Peck of Axios.

0:30.2

Hello, hello. And yeah, we're going to talk about the fact that I'm not actually, as of today,

0:36.1

at Axios anymore. We're going to talk about all of this craziness in the job market, and especially the

0:41.3

way that AI is eating people's jobs, what that means for white-collar employment, and indeed

0:47.3

just employment overall. We are going to talk about crypto and stable coins and the way that truth social is now becoming

0:56.2

a Bitcoin holding vehicle.

0:58.1

We have a Slate Plus segment with Dan Crimack of Axios all about US Steel, which looks

1:04.3

like it's getting bought by Nippon Steel, but no one really knows to shore.

1:08.3

It's all coming up on Slate Money. Hi, this is Ava from Vanta. In today's

1:15.5

digital world, compliance regulations are changing constantly and earning customer trust has never

1:20.8

mattered more. Vanta helps companies get compliant fast and stay secure with the most advanced AI

1:26.9

automation and continuous monitoring

1:28.7

out there. So whether you're a startup going for your first SOC 2 or ISO-27,001, or a growing

1:34.2

enterprise managing vendor risk, Banta makes it quick, easy and scalable. And I'm not to say

1:39.3

that because I work here. Get started today at banta.com.

1:50.0

Amazon offers employees up to £8,000 for education and training, like Juliet. She's now a trained technician.

1:53.0

And to her, the sound of machinery in need of repair, reminds her of how far she's come.

2:06.2

In two years, she's landed her dream job, providing her with valuable skills.

2:10.4

That's up to £8,000 for education and training at Amazon.

2:12.5

Eligibility conditions apply.

...

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