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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES[/quote] This is because of AI, which isn’t going to be stopped by any of the paid off politicians in both parties. Amazon announced that robots will replace 600,000 workers by 2030. [/quote] Yes, but AI is how they announce layoffs with positive spin. Reality no one is buying the crap, and tariffs are depressing sales. They need to unload employees even though the automation is a pipe dream. [/quote] Nope. AI is leading to massive job cuts in Amazon, Meta, and Microsoft. All of these companies are beating Wall Street analyst estimates every quarter and are posting record profits every time. This is only going to accelerate and neither Kamala or Trump is going to stop it. The Dems should have nominated the one candidate who was actually sounding the alarm in 2020 about this, Andrew Yang. Now it’s too late and we’re all screwed. From Amazon’s memo to its employees today. https://www.aboutamazon.com/news/company-news/amazon-workforce-reduction [quote]Some may ask why we’re reducing roles when the company is performing well. Across our businesses, we're delivering great customer experiences every day, innovating at a rapid rate, and producing strong business results. What we need to remember is that the world is changing quickly. This generation of AI is the most transformative technology we’ve seen since the Internet, and it's enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones). We’re convinced that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business.[/quote] [b]Microsoft to cut up to 9,000 more jobs as it invests in AI[/b] https://www.bbc.com/news/articles/cdxl0w1w394o.amp[/quote]
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