“They’re laying us off to boost stock price” and “After earnings call, they’re rehiring us”
Wild that three of the companies pushing AI the hardest on consumers and businesses are the ones “replacing” the most workers with the shit they are selling
Article title: AI is so amazing, it is replacing workers at a worrying pace!
Article body: Company AI investment debt is leading to layoffs.
AI took our jerbs!!!
Except really it’s just that Wallstreet loves blood as it shows a company is willing to lean up to stay competitive.
Gentle reminder to please sharpen your pitch forks, you will need them when the billionaires crash the economy… again.
AI ain’t replacing shit
AI is not replacing jobs, Companies are making layoffs to pump the stock
The truth behind the why has little impact on the fact the layoffs have been constant since 2023. Some charts show tech jobs declining since 2019.
People can’t wait around while companies circle-jerk. They will move on, crash into poverty, or retire. People in college will stop learning the theory and mechanics. The labor force will evaporate - just the way it happened in manufacturing.
When hiring begins again, it will be a rude awakening. Those who still can do the work will command even higher wages.
We had one tech layoff, yes. But what about second tech layoff?
Fire 'em, lay 'em off, remove 'em from the hiring pool
- What are workers, precious ?
- EM-PLO-YEES !
