3 Shifts Edition (Oct 31 2025): All of these white-collar layoffs, What OpenAI's conversion will mean, Stablecoin payments pick up steam

Hi everyone – welcome to your 3 Shifts Edition [AI-generated audio version].First, there’s been a steady stream of white-collar layoff announcements from companies like Amazon, Meta, YouTube, Goldman Sachs, and Target. If we dig down, however, into why these companies are laying off white-collar workers, the rationales are nuanced.Next, OpenAI has officially completed its for-profit conversion. One of the most notable ramifications of the conversion is that it will allow OpenAI to go public, in an IPO that some believe could value the company at up to $1T.Finally, stablecoin payments are heading for prime time. Incumbents like Zelle and Western Union are jumping in to offer cross-border stablecoin payments before they get bypassed. Cross-border payments are shaping up to be one of the primary use cases for stablecoin.Enjoy.– TamSign up for free briefs mostly written by real people on 6Pages.com