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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe I’m imagining it but it seems like private sector layoffs are skyrocketing. Today it was Verizon 15,000 jobs and some tech company Synopsys cutting 10% of its workforce and it seems like a new announcement every day. What is going on?  It can’t just be AI and this has been happening when stock prices are at all time highs (other than today of course).  It’s getting scary out there.  [/quote]

and don't forget , these same companies continue to hire hundreds of thousands of H1Bs and OPTs and L1s.

while they fire US citizens.

Microsoft has submitted approximately 15,000 layoffs nationwide this year. The steep job cut numbers include 6,000 in May, and 9,000 in July.

https://mynorthwest.com/local/microsoft-layoffs-redmond/4119076

During the last fiscal year, Microsoft applied for 9,491 H-1B visas. All were approved.

https://www.newsweek.com/microsoft-layoffs-h1...applications-2094370

H1B and OPT and L1 have NOTHING to do with specialized skills.  Over 80% are for entry level workers.   it is a scam.   Hopefully now others are getting fired, they will have more sympathy and work to repeal H1B/OPT/L1.[/quote]

Ever wonder why Microsoft and Google ceos are Indians? Yup [/quote]

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