thousands more people are waking up to the news they will soon be out of a job. after google s parent company alphabet announced it is slashing a whooping 12,000 jobs worldwide. that s more than 6% of its workforce according to cnbc. it s one day after microsoft announced 10,000 layoffs. so what s driving these signature job cuts and what does it say about our economic climate? president biden marking the halfway point of his first term in the white house under a cloud of controversy. the president finally broke his days long silence about classified documents from his time as vice president found in his former office and home. i have no regrets. i m following what the lawyers have told me they want me to do. it s exactly what we re doing. there s no there-there. how will that response land with congressional republicans eager to launch investigations? plus, a look at the very first march for life happening in washington since the supreme court overturned roe v. wade
seen periods of dramatic growth. how much has changed and did these companies grow too fast too much? let me quickly say that i have nothing but love for msnbc, but how do you expect me to be coherent after, like, charismatic stuff from steve kornacki, you guys got to give me a bumper or something. how do you think i feel? look, these companies had amassed trillions of dollars of market cap. if you think about the y2k market boom, that was tiny with what we experienced. free money, crypto, nfts, it was whatever you wanted to make of it, and hiring got out of control, recruiting, marketing, selling general administrative. if you see a company like google with, what, 150, 160,000 employees, facebook, meta, microsoft, all of them are going to want to prune at the margins and i m not saying that to sound callus or mercenary. but when their stocks are down