Why are businesses acting like there’s a recession?

Wealthy companies like Google and Microsoft are announcing unprecedented layoffs — all while the economy is trending in the right direction. Vox’s Emily Stewart explains. This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Sean Rameswaram. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices