Fintech companies are starting layoffs

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CNBC's Kate Rooney joins 'Power Lunch' to discuss the latest round of layoffs in FinTech.
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Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

DorathyJoy
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At least this bad news delivered by a lovely reporter…

Iamnobodyimportant
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I think the media will start seeing job cuts too..

trevortrevor
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I'm shocked. Paypal shocked the world.

dfv
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I love Kate Rooney. Though, I am down 40% in Paypal. I bought during Covid.

hrits
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Thank you three items corners very important because it means that market signals are working

kamalcampbell
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Hopefully its the ones that didn’t answer the phone when i called with my problems i had 🤦🏻‍♂️

jdot
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OH NO Only 12, 000 Employees left? How will they survive?

pneumaticdetach
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If you get layoff, make sure to apply for unemployment benefit that day. They do not count from the day you were let go, they start the day you apply.

Elkcib
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Only doctors and nurses are safe from layoff trend!

containedhurricane
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Crypto is disturbing the FinTech industry. The companies that get on board will survive and the companies that don't won't.

ChickenDinner-nw
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I thought this was the best economy ever?

thatgameguy
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Create a solution for the masses using your talent and networking skills. I am working on a solution to get doctors paid correctly, the first attempt.

fancifrance