Slate Money - Better Does Worse
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 11 December 2021
⏱️ 49 minutes
🧾️ Download transcript
Summary
This week, Felix Salmon, Emily Peck and Stacy-Marie Ishmael talk about Better.com’s CEO firing tons of employees via Zoom, DoorDash’s dark stores and increased hiring, and New York City Council passing a measure to allow non-citizens to vote in local elections.
In the Plus segment: What’s going on with inflation now.
Mentioned In the show:
“Better CEO ‘Taking Time Off Effective Immediately’: Email” by Maxwell Strachan
“The Dark Side of 15-Minute Grocery Delivery” by Lev Kushner and Greg Lindsay
“Closed Movie Theaters Leave Void From Small Towns to Big Cities” by Brian Eckhouse and Dave Merrill
"Cream Cheese Is the Latest Casualty of Cyberattacks” by Elizabeth Elkin and Deena Shanker
“How a Cream Cheese Shortage is Affecting N.Y.C. Bagel Shops” by Ashley Wong
Email: slatemoney@slate.com
Podcast production by Cheyna Roth
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Hello and welcome to the better does worse edition of Slate Money, |
| 0:18.0 | your guide to the Business and Finance News of the Week. |
| 0:21.0 | I'm Felix Samo of Axios. I'm joined by Emily Peck of Fundrise. |
| 0:26.0 | Hello, hello. By Stacy Marie Ishmael of Bloomberg. |
| 0:32.0 | Hello. |
| 0:33.0 | And in this here, Shane and Roth produced show, we are going to talk about Better, which is actually |
| 0:41.1 | a mortgage company and a atrocious way of laying people off. |
| 0:44.7 | We're going to have a whole conversation about is there a good way of laying people off in |
| 0:48.3 | firings and all of that kind of thing. |
| 0:50.8 | In a context we have to say of firings and layoffs being basically |
| 0:55.1 | less common and virtually non-existent these days. We are going to talk about 15 minute |
| 1:00.4 | grocery delivery. It's a thing now. Is it a good thing? Is it a good thing is it a bad thing we will |
| 1:04.0 | work that one out we are going to talk about voting and whether you need to be a |
| 1:08.7 | citizen to be able to do it we have a slate plus about inflation. It's all coming up on slate money. |
| 1:17.0 | This episode is brought to you by Revoluteute. Revolute is your perfect travel |
| 1:23.8 | companion for all things money. You can spend in over 150 currencies with great |
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| 1:35.3 | Sign up to Revolute at Revolute.com slash podcast reward and receive 20 pounds when you make your first purchase with Revolute. |
| 1:42.8 | Until 18-plus, T's and C's apply, exchange fees and fair usage limits supply. |
| 1:50.0 | So let's start by talking about better.com the place that does everything better worse |
| 1:59.2 | Stacey what is better dot com and what did they do worse? Well I could start with what they did worse which is the reason that any of us are talking about better dot com is because their CEO a person in Vichal Garg, laid off 900 employees by Zoom in, you know, being laid off by |
| 2:18.3 | Zoom, I guess it's 2021, but the way that he did it was remarkable and it really has once again triggered a conversation |
... |
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