Episode Details

Last week, Airbnb CEO Brian Chesky confirmed that the company will cut its workforce by roughly 25 percent. Considering how hard COVID-19 hit Airbnb’s business, this isn’t surprising. What’s surprising is the extremely generous severance package the company put together for former employees. Is this a sign that the Airbnb execs expect recovery to take much longer than U.S. financial institutions predict? Is it time to stop hoping for a V-shaped recovery and start preparing for a long-lasting recession? Find out on today’s State of the Market podcast.

Get Instant Access to Hundreds of Free Real Estate Tools

Visit hibandigital.com/toolbox

Claim Real Estate Discounts, Free Trials, and More

Visit hibandigital.com/resources

Sponsors

Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97

Visit futureofrealestatetraining.com

PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial

Visit padhawk.com

Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List

Visit 4closure.info