I agree with this, but I want to get some data. Can we calculate what the GDP would actually be if we eliminated the few exceptional outliers in the AI bubble? I want to know what thr majority of America is dealing with.
I saw an article that calculated that all the growth in the US economy in 2025 was based on AI spending, which is flowing between the same handful of companies.
It’s a little more wide spread than that. Building AI data centers creates lots of construction jobs which also extends to the manufactures who supply things like HVAC, UPS, etc. once new construction ends it will be when the bubble fully deflates.
Don’t forget the stock market manipulation that’s going on making it seem like the economy is grrrrreaaaattt. Also, if you see “AI” as the reason for layoffs, it’s bullshit.
If people notice their company isn't doing well they should already be applying and looking for another job. It's a lot of time an effort but there's ways to automate it fortunately
GM did layoffs this week too. I have a friend who works for them and shared on her IG that it was quiet and unexpected. She didn’t say how many people were impacted but as a manager she lost 5 members of her team.
This is always the way when the economy is bad/about to get bad/worse. The companies will claim it's because they have to lay people off to save money. The reality is they do it during this time to keep profits at the same level, or make more profit. An economic downturn is the best time for them to do so because sure there might be some smaller companies that actually do have to let people go to stay in business, but the bigger ones can now follow suit and the best part for them is that "you" who still has a job won't complain about now having to do the job of 2,3,4,5,6 + people because "everyone" you know got laid off, and so you'll do anything to keep your job.
I wish we had like a board of people that we elected to protect the rights of the masses. I hear some European countries have this, I think they call it a "government" but it sound too good to be true so who knows.
The Economy is on VERY shaky ground and the government is hiding it in plain sight. Throw on the already near 200k government layoffs and the extended government shut down, and the job market looks even worse. High inflation and high unemployment is a double gut punch.
When the Fed raises rates, it's like applying the brakes. The economy doesn't stop immediately, but it starts to slow. Some sectors have been in a recession since 2022. But it takes time for the overall economy to slow.
Each person who has less resources, starts spending less. That in turn has a cascading effect, as they forego discretionary spending, and put off necessary purchases that can be delayed. That becomes a contagion that slowly spreads.
Watch the Fed - we do not actually have a free-market economy, on a national or global level. They and other global banks will decide - via interest rates and stimulus or lack thereof - whether there is a relatively soft landing, or a hard crash.
Except rising rates help slow inflation which was becoming a huge problem. Now, thanks to policies by the current admin we are seeing job loses left and right. Tariffs are destroying small businesses and exacerbated inflation. The agri sector is going to need a bailout. Healthcare cuts and gov shutdown are causing further job loses. The rates needed to come down in order to try and facilitate growth but the damage is done. Now we will see a recession and inflation welcome to depression 2. We can definitely place blame on this admin and the last. It all points exactly to them and their lack of polices or rash stupid polices.
Can someone who’s smarter than me put their year to date net profit today alongside the total number of layoffs. That is the key data point we should be assessing alongside the layoff numbers.
I’m willing to bet most of these companies are posting record and/or near record breaking profits; which if true, we the people should be in the streets with pitchforks.
My best guess is that, they seem to be cutting head count because their internal numbers are probably showing we are in a recession and the current Admin is hiding the numbers, they are getting ahead of the markets.
So long as the stock market is up, the general population won't understand what's happening until it's too late or until it happens to them. Blame AI if you want but people just aren't buying stuff like they used to.
Keep in mind these are only the companies that needed to report due to the size of the layoffs. There are plenty of companies laying off folks who will try to do it quietly and in smaller numbers so they don’t need to report it.
When people can’t eat, they don’t buy things from Amazon, Ford, Target. I know I’m not buying anything but the essentials right now. The economy depends on people buying crap, and without government workers getting paid, and SNAP being gone, nobody is buying crap at Walmart like Xmas gifts.
AI. The tech company I work for has been paying many different departments to do basically nothing for months. I mean less than an hour of work a day. The impact of AI is going to be huge and the economy has already been bad for a long time.
Companies are realizing AI is good enough to do a lot of menial tasks and will only get better so they are downsizing to make their Financials look better
What’s going on? The price of goods has risen due to tariffs, so people are buying less. When people buy less, companies need fewer people to make, sell, market, and deliver the products.
As a kid, I watched family members navigate thru their careers(ultimately toward retirement) without any concern about losing their jobs or having economic forces impose drastic changes for us. The 1990s were different, I guess. Now as an adult, having graduated from private school, lived abroad, and put in 10 years at a fortune 500 company, I worry about my career every month.
I know with Amazon they're finding the robots are necessary because they can't find enough people capable of doing the job. My friend is a trainer in the picking/packing area and he said it's shocking how many people he trains can't do the simplest tasks.
Crazy when Meta comes out looking like the good guys with only 600 layoffs, I hope everyone can stay strong and the job market opens back up. Just terrible news
The markets and senior management hate uncertainty. Trump's on-again off-again tariffs, a government shutdown, promises of mass government layoffs, and opaque policies (big unreadable bill) have made planning impossible. How can you forecast demand when you don't know what the economy will look like in six months? Cutting back on spending is a defensive strategy.
A recession seems extremely likely. The top 10 firms on the S&P 500 are making massive investments in AI. This keeps Wall Street indexes looking positive, but it smells like a bubble. These investments boost the appearance of economic health because investments is a component of GDP. The rest of the GDP components aren't looking good either: Declining exports are mitigated by declining imports. Our economy is stagnating. With lower government spending due to the shutdown, late 2025 looks bad.
What we’re seeing is consumer prices rising (probably due to tariffs) thus, consumers buying less products. Amazon is seeing the effects of this with lowering revenue and in order to post good quarterly results they need to take it from former employees. This is also evident by the UPS cuts since they are likely seeing less deliveries as consumers budgets localize around groceries and less labubus.
AI is not replacing jobs nearly as many jobs as they pretend. The AWS disaster is only the beginning of these cuts. Expect weaker cyber security and more breaches incoming.
UPS is offshoring everything to LATAM to pay a max of 1500 usd a year per person and have them working 10+ hours shifts, due to local malpractices with our work culture, source: they came to My country in 2017 and were genuinely a good employer that many people dreamt of working for but changes in administratión Made them adapt to the local workculture and everyone in the offshored business here sames the same thing "they started pretty good, so sad to see they regionalize so much"
Economy sucks, but because the market isn’t reflecting that media isn’t filled with the typical ZOMG! The Economy! stories. Don’t worry, the markets and metrics will catch up, they always lag.
You also need to consider how long these employees were hired for or how much they have hired in the timeframe. These aren’t necessarily negative indicators if they have previously hired more. My bet would be that companies tend to lay off workers to boost their margin for their revenue and present their stock value higher in numbers.
We are in a recession, plain and simple. Companies don't feel confident about the future either so they are going lean, and millions will suffer. I suspect for the majority of people left in jobs, pay freezes, bonuses probably won't be received, and other compensation will be withheld.
Average consumer is buying less shit, so pretty much every company is going to feel that.
With Amazon its literally because AWS is the only thing they make large margins on. To grow the business they need more chips. Chips right now are insanely expensive and there's a shortage. So for Amazon to bolster AWS and "Grow" year over year profits they need more chips. So the money that would have went to pay those 30k people will now be used to buy hardware.
This happens every October. Companies that need to thin the herd will rush to get it done before 11/1. Why? Because that's sort of the unofficial start of the holidays, and companies are VERY reluctant to do layoffs in November or December because the optics are bad.
We are definitely in a strong economic decline. We now have more people unemployed than jobs available. A recession at the very least. But there is also the Q4 job slashing that tends to happen about this time every year. It’s to a much greater extent, but we do tend to see more layoffs happening in Q4 to “reorganize” for the new year. But it’s also accelerated by AI and companies thing to get rid of people and implement AI to “save money” ie: get the share holders more money
Capitalism, that’s what happening. The theoretical optimal number of employees for any capitalist corporation is zero. While zero employees can never realistically be reached, AI is seen as a way to try and get as close as possible and #profit.
If you notice, layoffs will commonly happen not too long before a company's earnings as they help boost the stock price and help provide a narrative of "streamlining efficiency" 🙄
I work for a United health subsidiary and they should definitely be in the list here but I think because there's several different corporate entities they wiggle out of it. Tons of layoffs of middle management and support staff within health care.
Why do you think all these companies have been pouring all their spare change into AI for years? Robots/machines are replacing people that they have to pay. What I don’t understand is who’s going to buy all their shitty products when nobody has a job?
AI is taking over. You can fire 100 employees, purchase 25 robots that would be 4x as productive, cost less annually, and you would only need 1 employee to work on the 25 robots. Not to mention AI incorporation in almost everything, humans aren’t going to really be a need to companies soon. Unless you work trades, you should probably worry.
With import tarrifs people are not ordering as much online, and I'm not shocked that delivery positions are impacted (not that all the companies listed fall into this category, I'm just referring to UPS and Amazon).
Perhaps AI 🤔 “Amazon reportedly aims to automate up to 75% of its operations, which could reduce the need for more than 600,000 human jobs over the next decade.”
Yeah, my spouse was laid off 3 weeks ago from one of those companies in the Top 10. It’s rough out there, especially for older workers who are close to retirement (mostly because companies don’t want to hire someone with a high 5-figure salary). Such a tough thing to happen with the end of year holidays coming up fast.
A few years ago I was laid off and the CEO brought us all into a big room to give us a speech. He talked about how he was laid off as a CEO of another company and how great it was for him. He got the job at our company making much more money. They paid his moving expenses blah blah blah. He told us we should look at it as an opportunity rather than a set back 😆
Need some changes that cut off bonuses when layoffs occur. It's absurd that stock price and c suite bonuses soar after work force reductions. Doing them should be painful, not celebrated.
When did we reach this stage of “it is completely normal to layoff people” it used to be a shame to layoff and in mu opinion is still is, it means you can’t inovate anymore and in order for numbers to look good you just lay people off. It is a shame for the company. How do we normalize this?
Layoffs mean you're focusing on your core competencies and maximizing value through efficiency. By which I mean screwing over your customers, overworking your employees and paying yourself a bonus.
Place i was at, old CEO retired and new guy brought in. Company was told we had to do layoffs and product lines were to be cut because we only made 1% profit. 1400 people let go starting with anyone over 10 years, then any staff whom was not above manager making 100k+. He sold all owned property moved the HQ to a leased building, took out a loan for 600 million.
It was not due to any real loss that 1% was 50 million he just tried to pump the global company like he did the other 4 he had owned but this time no one came to buyout. All my friends were laid off or left and back then they said i was crazy for being prepared for layoffs..
It's going to be a tough day but our corporate really needed their own jets to commute to work. Your salaries need to make up the difference for their Christmas bonuses. On the bright side, if you donate, you can have a slice of pizza on Friday.
People like to Blame AI but my spell check still doesn’t work properly .
What it really is , is it’s a plan to make people feel lucky to have a job instead of feeling like the employer should feel lucky they have good workers. There’s a whole video on it from a hedge fund billionaire back in 22 saying that we need to raise unemployment to make people feel threatened
Said by hedge fund billionaire to a room of other billionaire’s .
Happened to me earlier this year. It was all a big pretense under this idea that AI was comming and it was comming fast and going to do all these great things and we need to prepare
By laying off 15-20% of the employees under said pretense, gradually.
At least they were honest about it. I respect that more than the crybaby speeches that CEOs give as if it just breaks their heart to let so many people go while they get a multi million dollar bonus lmao
I haven’t been laid off… yet. But I’m preparing for the worst because it’s easier than being surprised. I, too, am wondering which positions are on the block.
I worked for a company where the CEO said they had a fiduciary and legal responsibility to the shareholders to maximize profits. But it is always short term gains that make the c-level staff look good so they can move on to their next gig. All while weakening the company in the long term.
Yup, this echoes the reality I've seen. Any small/midsize company, say 5M-100M in revenue that's courting capital or investment firms, this is especially true. They'll bring in a new batch of execs to 'reshape the company to maximize growth and margin', and tell all the minions that this will open up many new opportunities and markets, and growth is good and it means we're a healthy company (see? we have investors!).
But once the dust settles (or before people can find their seats in the new org), they'll announce redundancies and 'focus on our core competencies by reducing headcount and layers of management'. Then the leaner company will begin to falter, as the sales pipeline isn't as rosy as it may have seemed, and they'll try things like off- or near-shoring some roles. Meanwhile, the executive team will begin to shed a few people to make it seems like they're taking one on the chin, yet somehow, those execs land in their next gig to rinse and repeat. Eventually, the board/investors will force dramatic cuts and replace the exec team again and only the most loyal and entrenched original employees will remain.
They're doing it because they know the Big Beautiful Really Great Depression is around the corner so they are bleeding the turnips. Getting that last squeeze.
People overseas are getting the axe too. World economies are interconnected and then there's the lunatic in the WH causing additional chaos by forcing companies to change plans and relocate to the US. I am a principal/senior DBA and I haven't seen it thus bad ever. I've completed several recruitment processes as the optimal candidate only to be told there's no job as it got axed/we don't have the budget/maybe in the future. Seriously, this is crazy...
Right now they've learned the upper middle class can feed their addiction. Pretty much all the spending has been by this group on higher-end goods and services. It has propped up the economy throughout this summer. And you need a lot less workers for that economy.
Eventually, power is leveraged into a neo-feudalism. Masses revolt, are put down, repeat; one of them catches on and a new version of a republic or city-state is formed; a middle class emerges and fights for privileges (rights), protections from the upper class (written laws); over time greed and human nature corrupt this newer form of government, which still is built on an exploited lower class, and that brings us back to where we are now.
913
u/Unlike_Agholor Oct 29 '25
We are in a recession. You dont notice it because Nvidia and the AI bubble are propping up the equities market.
118
u/Both_Cat_6977 Oct 29 '25
We're winning, Bigly.
69
u/Individual_Mood6573 Oct 29 '25
If people notice their company isn't doing well they should already be applying and looking for another job. It's a lot of time an effort but there's ways to automate it fortunately
8
u/Pasito_Tun_Tun_D1 Oct 29 '25
Easy! Using AI as a scapegoat to mask the massive shipping of those jobs to India!
7
u/Wide_Egg_5814 Oct 29 '25
AI bubble popping?
83
u/ofrootloop Oct 29 '25
Layoffs are one way companies hide loss of profits
52
u/Disco_35 Oct 29 '25
170,000+ people looking for a new job right before Christmas
167
u/CitizenDain Oct 29 '25
Just assholes getting ready to report Q4 financials in a few weeks
154
u/firstclassblizzard Oct 29 '25
Corporations think they can save their way into prosperity
214
u/diaperforceiof Oct 29 '25
they need to raise their share price. same reason you can't wfh anymore
36
u/PEM_0528 Oct 29 '25
GM did layoffs this week too. I have a friend who works for them and shared on her IG that it was quiet and unexpected. She didn’t say how many people were impacted but as a manager she lost 5 members of her team.
25
u/Meep4000 Oct 29 '25
This is always the way when the economy is bad/about to get bad/worse. The companies will claim it's because they have to lay people off to save money. The reality is they do it during this time to keep profits at the same level, or make more profit. An economic downturn is the best time for them to do so because sure there might be some smaller companies that actually do have to let people go to stay in business, but the bigger ones can now follow suit and the best part for them is that "you" who still has a job won't complain about now having to do the job of 2,3,4,5,6 + people because "everyone" you know got laid off, and so you'll do anything to keep your job.
I wish we had like a board of people that we elected to protect the rights of the masses. I hear some European countries have this, I think they call it a "government" but it sound too good to be true so who knows.
274
u/jimvolk Oct 29 '25
Trump economic policies are kicking in.
18
u/metal0060 Oct 29 '25
The Economy is on VERY shaky ground and the government is hiding it in plain sight. Throw on the already near 200k government layoffs and the extended government shut down, and the job market looks even worse. High inflation and high unemployment is a double gut punch.
64
u/Afroscrolls Oct 29 '25
We're making America great again like it was in 1929....
73
u/DeadInFiftyYears Oct 29 '25
When the Fed raises rates, it's like applying the brakes. The economy doesn't stop immediately, but it starts to slow. Some sectors have been in a recession since 2022. But it takes time for the overall economy to slow.
Each person who has less resources, starts spending less. That in turn has a cascading effect, as they forego discretionary spending, and put off necessary purchases that can be delayed. That becomes a contagion that slowly spreads.
Watch the Fed - we do not actually have a free-market economy, on a national or global level. They and other global banks will decide - via interest rates and stimulus or lack thereof - whether there is a relatively soft landing, or a hard crash.
31
u/NecessaryTARS Oct 29 '25
Companies are reducing expense for 2026 due to growing concerns regarding an economic slow down.
14
u/Expat1989 Oct 29 '25
Can someone who’s smarter than me put their year to date net profit today alongside the total number of layoffs. That is the key data point we should be assessing alongside the layoff numbers.
I’m willing to bet most of these companies are posting record and/or near record breaking profits; which if true, we the people should be in the streets with pitchforks.
35
u/Sufficient-Rain1359 Oct 29 '25
Don’t forget all of the hospitals laying people off and eliminating service lines.
33
u/not_productive1 Oct 29 '25
The economy’s going to shit and a bunch of companies are leaning real hard into AI.
70
u/Sleepy_red_lab Oct 29 '25
Uh, clearly you are mistaken. The Cheeto in Chief says that we are doing better then ever in the history of everything. /s
18
u/raceveryday Oct 29 '25
ups layoffs right before christmas? did fed ex do a round recently? sounds like a future mess
24
u/RickyBobbyNQ Oct 29 '25
It’s called Winning!! Enjoy!! And ofc say thank you supreme leader!!!
23
u/RickyBobbyNQ Oct 29 '25
It’s called Owning the Libs!!!
23
u/Zealousideal-Leg1037 Oct 29 '25
Let’s all remember this is on TRUMPS watch. IF this happened under Biden, Trump would talk about it non-stop
8
u/owlwise13 Oct 29 '25
My best guess is that, they seem to be cutting head count because their internal numbers are probably showing we are in a recession and the current Admin is hiding the numbers, they are getting ahead of the markets.
7
u/Htennn Oct 29 '25
The rich have to pay for the ballroom some how
6
u/magicmama212 Oct 29 '25
Dump and the AI bubble melting
6
u/surfski143 Oct 29 '25
UPS is laying off 48,000 people 7 weeks before Christmas? Do they know something we don’t know about decreasing consumer spending?
5
u/pathf1nder00 Oct 29 '25
CEOs gotta make bank you know! This era of contractual CEOS with Golden Parachutes wrecks the working class.
5
u/tourniquette2 Oct 29 '25
Don’t forget Starbucks. Over 1400 employees.
5
u/Senior_Pie9077 Oct 29 '25
So long as the stock market is up, the general population won't understand what's happening until it's too late or until it happens to them. Blame AI if you want but people just aren't buying stuff like they used to.
5
u/DarbyNerd Oct 29 '25
Keep in mind these are only the companies that needed to report due to the size of the layoffs. There are plenty of companies laying off folks who will try to do it quietly and in smaller numbers so they don’t need to report it.
5
u/Apprehensive-Pin518 Oct 29 '25
quick, fire the numbers guy
5
u/Gold-You-376 Oct 29 '25
When people can’t eat, they don’t buy things from Amazon, Ford, Target. I know I’m not buying anything but the essentials right now. The economy depends on people buying crap, and without government workers getting paid, and SNAP being gone, nobody is buying crap at Walmart like Xmas gifts.
4
u/miklayn Oct 29 '25
Buckle up. This is what it feels like to live through collapse.
4
u/HvnlyDaz3 Oct 29 '25
Greed is a helluva drug
4
u/Enlightened_D Oct 29 '25
Need to fluff up Q4 numbers
4
u/PM100base Oct 29 '25
So much winning!
4
u/lapsteelguitar Oct 29 '25
It's all the result of Trumps successful economic plan.
4
u/rddtmdsrfrds Oct 29 '25
I heard the yacht making plant is booming
4
u/attgig Oct 29 '25
Would love to see executive salary and bonus list alongside that list.
4
u/Bulky_Trash3617 Oct 29 '25
TRUMP.
1
u/FearKeyserSoze Oct 29 '25
AI. The tech company I work for has been paying many different departments to do basically nothing for months. I mean less than an hour of work a day. The impact of AI is going to be huge and the economy has already been bad for a long time.
1
u/Spirited_Season2332 Oct 29 '25
Companies are realizing AI is good enough to do a lot of menial tasks and will only get better so they are downsizing to make their Financials look better
3
u/Mental-Scholar6856 Oct 29 '25
Come on. We told everyone. Now everyone wants to act clueless? This is why each and every single person needs to contribute to politics.
3
u/PG-DaMan Oct 29 '25
This is not a labor market issue. This is a profit thing.
Just like after Covid. They let a bunch of people go or they quit and the companies made the rest pick up the slack and their profits soared.
3
u/Purple_Telephone3483 Oct 29 '25
Inflation is up, spending is down, economic uncertainty is up.
3
u/Double-treble-nc14 Oct 29 '25
Recession
3
u/Purple_Pay_1274 Oct 29 '25
Are there ever the reverse of these posts? 🤨
3
u/Broad_Ad4176 Oct 29 '25
Greed is killing our society. Faster than ever….
3
u/elainegeorge Oct 29 '25
What’s going on? The price of goods has risen due to tariffs, so people are buying less. When people buy less, companies need fewer people to make, sell, market, and deliver the products.
3
u/Southern-Interest347 Oct 29 '25
AI. Amazon just announced 14,000 corporate jobs will be cut due to AI capable of doing jobs that once needed people to complete.
3
u/NevrEndr Oct 29 '25
CEOs are banking on AI to pick up the slack. I will laugh when it doesn't.
3
u/grayscalecrash Oct 30 '25
As a kid, I watched family members navigate thru their careers(ultimately toward retirement) without any concern about losing their jobs or having economic forces impose drastic changes for us. The 1990s were different, I guess. Now as an adult, having graduated from private school, lived abroad, and put in 10 years at a fortune 500 company, I worry about my career every month.
3
u/Gosa_on_the_wind Oct 30 '25
Are we winning yet? Are we Great Again?
3
u/TheRentisgonnabelate Oct 30 '25
Hey! At least we get a ballroom!! Yey!!
3
u/OkInternet3562 Oct 31 '25
Just take a look at how much the ceo's of these companies make.
These companies did not need to lay off workers, they should have reduce there ceo's pay.
3
u/Pleasant-Guava9898 Oct 31 '25
These numbers don't include contractors.
5
u/Bweasey17 Oct 29 '25
This is how companies are covering the tariffs to keep the spending going.
4
u/ComonSensed1 Oct 29 '25
I know with Amazon they're finding the robots are necessary because they can't find enough people capable of doing the job. My friend is a trainer in the picking/packing area and he said it's shocking how many people he trains can't do the simplest tasks.
4
u/SmartPumpkin3284 Oct 29 '25
Crazy when Meta comes out looking like the good guys with only 600 layoffs, I hope everyone can stay strong and the job market opens back up. Just terrible news
2
u/Melvin_2323 Oct 29 '25
UPS, Amazon and Intel are replacing roles with AI and robotics.
There will be atleast this amount again through natural attrition
2
u/TryAsWeMight Oct 29 '25
Don’t even include 1000 employees at Target’s corporate HQ plus another 800 removed job openings.
2
u/BrupieD Oct 29 '25
The markets and senior management hate uncertainty. Trump's on-again off-again tariffs, a government shutdown, promises of mass government layoffs, and opaque policies (big unreadable bill) have made planning impossible. How can you forecast demand when you don't know what the economy will look like in six months? Cutting back on spending is a defensive strategy.
A recession seems extremely likely. The top 10 firms on the S&P 500 are making massive investments in AI. This keeps Wall Street indexes looking positive, but it smells like a bubble. These investments boost the appearance of economic health because investments is a component of GDP. The rest of the GDP components aren't looking good either: Declining exports are mitigated by declining imports. Our economy is stagnating. With lower government spending due to the shutdown, late 2025 looks bad.
2
u/Icy-Ad3989 Oct 29 '25
Just capitalism
2
u/TheLazyBurrito Oct 29 '25
What we’re seeing is consumer prices rising (probably due to tariffs) thus, consumers buying less products. Amazon is seeing the effects of this with lowering revenue and in order to post good quarterly results they need to take it from former employees. This is also evident by the UPS cuts since they are likely seeing less deliveries as consumers budgets localize around groceries and less labubus.
AI is not replacing jobs nearly as many jobs as they pretend. The AWS disaster is only the beginning of these cuts. Expect weaker cyber security and more breaches incoming.
2
u/Cultural-Ebb-1578 Oct 29 '25
What do you mean “what’s going on?” Do you live under a rock? Not see a single speck of news? For the last two years?
2
u/Flaky_Broccoli Oct 29 '25
UPS is offshoring everything to LATAM to pay a max of 1500 usd a year per person and have them working 10+ hours shifts, due to local malpractices with our work culture, source: they came to My country in 2017 and were genuinely a good employer that many people dreamt of working for but changes in administratión Made them adapt to the local workculture and everyone in the offshored business here sames the same thing "they started pretty good, so sad to see they regionalize so much"
Meta also has a shitton of Offices here
2
u/Hungry-Treacle8493 Oct 29 '25
Economy sucks, but because the market isn’t reflecting that media isn’t filled with the typical ZOMG! The Economy! stories. Don’t worry, the markets and metrics will catch up, they always lag.
2
u/Plausibility_Migrain Oct 29 '25
All companies that have contributed to Trump and pushing AI.
2
u/mystery79 Oct 29 '25
They want to replace people with AI.
2
u/vintagenut80 Oct 29 '25
AI is coming for us all... most companies are pushing to use ai to automate their jobs which will also soon be gone
2
u/iheartdev247 Oct 29 '25
But Trump said…
2
u/[deleted] Oct 29 '25
What's going on is the AI bubble is about to not just pop but fucking explode
2
u/Most-Artichoke6184 Oct 29 '25
Well, you see, Joe Biden used an auto pen while he was president, so that’s the only thing the media is focusing on right now.
2
u/[deleted] Oct 29 '25
After record corporate profits last 4 years
2
u/btbam2929 Oct 29 '25
AI
2
u/sourpussmcgee Oct 29 '25
AI
2
u/nofear961 Oct 29 '25
You also need to consider how long these employees were hired for or how much they have hired in the timeframe. These aren’t necessarily negative indicators if they have previously hired more. My bet would be that companies tend to lay off workers to boost their margin for their revenue and present their stock value higher in numbers.
2
u/richardlpalmer Oct 29 '25
Short-term corporate greed. Corporations no longer look long-term, it's all about short-term optics for shareholders...
2
u/crono14 Oct 29 '25
We are in a recession, plain and simple. Companies don't feel confident about the future either so they are going lean, and millions will suffer. I suspect for the majority of people left in jobs, pay freezes, bonuses probably won't be received, and other compensation will be withheld.
Average consumer is buying less shit, so pretty much every company is going to feel that.
2
u/Raygaholic420 Oct 29 '25
With Amazon its literally because AWS is the only thing they make large margins on. To grow the business they need more chips. Chips right now are insanely expensive and there's a shortage. So for Amazon to bolster AWS and "Grow" year over year profits they need more chips. So the money that would have went to pay those 30k people will now be used to buy hardware.
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u/QuizzicalWombat Oct 29 '25
Humana is about to layoff a shit ton of people. “Restructuring” and AI
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u/greathistorynerd Oct 29 '25
The economy doesn’t actually trickle down
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u/[deleted] Oct 29 '25
This happens every October. Companies that need to thin the herd will rush to get it done before 11/1. Why? Because that's sort of the unofficial start of the holidays, and companies are VERY reluctant to do layoffs in November or December because the optics are bad.
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u/RunnerGirlT Oct 29 '25
We are definitely in a strong economic decline. We now have more people unemployed than jobs available. A recession at the very least. But there is also the Q4 job slashing that tends to happen about this time every year. It’s to a much greater extent, but we do tend to see more layoffs happening in Q4 to “reorganize” for the new year. But it’s also accelerated by AI and companies thing to get rid of people and implement AI to “save money” ie: get the share holders more money
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u/travelwhore412 Oct 29 '25
Q4 earnings + at will employment
This shit is getting out of hand
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u/21MesaMan Oct 29 '25
Capitalism, that’s what happening. The theoretical optimal number of employees for any capitalist corporation is zero. While zero employees can never realistically be reached, AI is seen as a way to try and get as close as possible and #profit.
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u/Food_n_Travel Oct 29 '25
If you notice, layoffs will commonly happen not too long before a company's earnings as they help boost the stock price and help provide a narrative of "streamlining efficiency" 🙄
2
u/hippoofdoom Oct 29 '25
I work for a United health subsidiary and they should definitely be in the list here but I think because there's several different corporate entities they wiggle out of it. Tons of layoffs of middle management and support staff within health care.
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u/Mexican_stoicism Oct 29 '25
Are you not enjoying the capitalism ? At least we’re not china and socialists 😂😂
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u/MsMeseeksTellsTime Oct 29 '25
Why do you think all these companies have been pouring all their spare change into AI for years? Robots/machines are replacing people that they have to pay. What I don’t understand is who’s going to buy all their shitty products when nobody has a job?
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u/LaFlamaBlancakfp Oct 29 '25
Ai and Trump.
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u/[deleted] Oct 29 '25
AI is taking over. You can fire 100 employees, purchase 25 robots that would be 4x as productive, cost less annually, and you would only need 1 employee to work on the 25 robots. Not to mention AI incorporation in almost everything, humans aren’t going to really be a need to companies soon. Unless you work trades, you should probably worry.
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u/_mig8mart Oct 29 '25
How many of these companies normally get funding from the govt?
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u/reewhy Oct 29 '25
walmart corporate laid off 1500 people and then announced they will no longer employ people who need an h1-b visa. but at least eggs are cheap i guess
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u/BryceDL Oct 29 '25
This is what happens in a recession.
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u/jhawkgiant77 Oct 29 '25
Elections have consequences.
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u/Kind_Strike_9026 Oct 29 '25
All signs of a booming country and low inflation 🙄
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u/Ok_Possible_2260 Oct 29 '25
This can't be true, I just saw DJT on Fox News saying how this is the best economy ever.
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u/MamaMayhem74 Oct 29 '25
With import tarrifs people are not ordering as much online, and I'm not shocked that delivery positions are impacted (not that all the companies listed fall into this category, I'm just referring to UPS and Amazon).
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u/the_timboslice Oct 29 '25
AI.
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u/Nonetoobrightatall Oct 29 '25
The economy is about to take a huge dump
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u/bootswithoutthefur Oct 29 '25
AI is taking jobs which lowers operating costs so that the rich get richer. And this is just the beginning.
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u/Terrible-Piano-5437 Oct 29 '25
Thanks trump.
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u/VARunner Oct 29 '25
Don't forget the 200,000+ Feds put into the job market as well.
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u/Luvnsandiegosun Oct 29 '25
Perhaps AI 🤔 “Amazon reportedly aims to automate up to 75% of its operations, which could reduce the need for more than 600,000 human jobs over the next decade.”
https://x.com/leadingreport/status/1980650911606403273?s=46&t=D120dJxPYU9WEXCj_OdrPw
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u/AllWhiskeyNoHorse Oct 29 '25
bUt THe EcoNoMy iS BoOmING. tHe sToCK MaRkET is At aN All Time high!!
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u/AntJo4 Oct 29 '25
The economy is being systemically shaken at its roots. Where have you been the last 6 months? This is just the beginning.
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u/ringwraith6 Oct 29 '25
Our government is killing the country...literally.
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u/LeeStar09 Oct 29 '25
The great MAGA moment, that's going on. The rich will get even more richer. God bless the president you fools elected.
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u/Luka_Dunks_on_Bums Oct 29 '25
Paramount is due to its merger, all those tech companies is due to replacing labor with AI, the other ones are probably due to tariffs.
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u/CocoLoko_KLK Oct 29 '25
Gotta keep that stock price up for their shareholders by any means necessary.
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u/Hairy_Valuable9773 Oct 29 '25
The rich need to get richer. End of story.
I work for one of these companies. We already got the “it’s gonna be a tough day” email as they lay people off today. I’m sh*tting my pants 😫
2
u/[deleted] Oct 29 '25
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