Insider Today: Amazon’s MrBeast problem

The times, they are a-changin’

We’re no longer in the job market where workers had more leverage than employers. July’s weaker-than-expected jobs report, which spooked investors, could give companies cover to reconsider work policies.

Job seekers hoping to land a remote job may be out of luck. Dreams of a four-day workweek may be dashed. But perhaps the biggest threat to the rank and file is layoffs, as jittery CEOs could make sweeping cuts.

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Also read:

• The internet’s love affair with YouTube’s biggest star is showing cracks

This week’s quote:

“With the wiring I have, being an expert on recessions was probably not the smartest choice.”

— Claudia Sahm, the former Fed official, on her frustration that her recession indicator became a key talking point among investors last week despite her optimism about the economy.

More of this week’s top reads:

• How the stock market can predict the outcome of the presidential election.
• At Blackstone, nice guys finish first.
• Venture capitalists are heading for the exits.
• Meet the new moms using monthly basic income to afford childcare.
• Amazon is raising its hiring bar for some tech jobs.
• Meet Michal Kosinski, the Oppenheimer of AI.
• The Global Alliance for Responsible Media is “discontinuing” after Elon Musk’s X filed an antitrust lawsuit against it.
• I was part of Russia’s prisoner swap with the US. Here’s how it feels to suddenly be free.
• Inside the stressful culture at the Gates Foundation.

• Silicon Valley’s political divide is now public — and petty.

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  The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Lisa Ryan, executive editor, in New York. Amanda Yen, fellow, in New York.