Mar 22, 2024

Secretly working a second job? It may not be for much longer, the ‘Oracle of Wall Street’ warns

Posted by in categories: economics, finance, habitats

This apparent paradox has a simple yet surprising explanation, according to Meredith Whitney: Employers are finally exacting revenge on remote workers who’ve secretly had a second job.

The veteran researcher, who became known as the “Oracle of Wall Street” for her early warnings about banks before the financial crisis, is no stranger to thinking outside the box about everything from the housing market to the economy, and this theory is no exception.

But there’s evidence to support Whitney’s thesis that many of the job cuts made have been to remote positions that were filled by people working at multiple companies under the radar.

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