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Slate Money | Pay Offs & Lay Offs

Slate Daily Feed

Slate Podcasts

News, Business, Society & Culture

41.1K Ratings

🗓️ 31 May 2025

⏱️ 50 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

Click on a timestamp to play from that location

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

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1:20.8

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1:26.9

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1:28.7

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1:34.7

managing vendor risk banta makes it quick easy and scalable and i'm not to saying that because i work

1:40.0

here get started today at vanta.com. Whoa, look! Is that Dragonite? Dragon type Pokemon have

1:49.2

arrived. Discover in Happy Meal now. Some fun, some food, it's all inside this happy meal.

1:57.0

Until 17th of June, from 11am includes one pre-selected book or toy. Pokemon range comprises toys only, whilst talks last.

2:03.5

So, Emily, this is coming out on Saturday, which means that as of the date this is coming out,

2:11.4

I am not actually an employee of Axios.

2:13.5

So we won't have that double thing in the beginning where you say, I'm Felix, I'm in Vaxios, and this is Emily Pek of Axios.

...

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