Podbit · Schwab Network
Corporate layoffs rose in May, and for the third consecutive month, companies cited AI restructuring as the primary reason for these job cuts. Tech firms lead the workforce reductions even as they aggressively ramp up AI developer hiring.
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At 0:08 · chapter starts 0:00
Marley Kayden discusses the latest private labor data showing picking-up layoffs, with artificial intelligence cited as a major driver of tech restructuring despite overall year-over-year job cut improvements.
Tech companies accounted for the largest share of cuts as they restructured headcount around automation and artificial intelligence initiatives.
The 400,000 figure is significantly lower than the nearly 700,000 job cuts announced during the same five-month window of 2025.
Quantinuum priced its upsized IPO at $60 per share, raising $1.68 billion in one of the largest sector offerings ever. The stock surged 10% on its first day, indicating massive investor hunger for next-generation hardware.
SiteGPT attracted over 1 million visitors and $500K in total revenue without spending a cent on paid marketing. The secret: engineering as marketing — building free tools that rank on Google.
Bhanu quit his first job after just 8 months, moved back to his parents' house to cut costs, and started building. One product sold for $250K; the next hit $10K MRR in its first month.
90% of SiteGPT's Google search traffic comes not from the main product but from ~50 free tools Bhanu built. Each tool targets a low-competition keyword and funnels users back to the paid product.
50,000 monthly visitors become 200 leads, 60 trials, and roughly 15–24 new customers per month at ~$100 average revenue each. Add a $1,700–$1,800 LTV and you have a very healthy SaaS.
Start with a blank Ahrefs search, layer in keyword filters (include term, KD < 10, volume > 1,000), list candidates in Notion, design a CTA linking to your main product, then score by volume, difficulty, build effort, and product relevance. That's the whole playbook.
Marketing feels painful for most builders. Engineering as marketing flips the script: instead of writing cold emails or blog posts, you build things — and those things rank on Google forever.
Don't spend months perfecting before launch. Ship the core feature, get real users, and let their feedback dictate the product roadmap. Premature polish is a trap.
SiteGPT launched and hit $10,000 MRR within its first month. That momentum was so overwhelming that Bhanu sold his existing SaaS, Feather, for $250,000 to free up all his time.
PropGPT launched with 20 downloads a day and strong influencer marketing but hit a ceiling at $1,000–$2,000 MRR. High download numbers masked a critical flaw: almost nobody stuck around after the free trial ended.
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