Anonymous wrote:The Dow is hovering around 48,000!
When does it hit 50,000?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon.
I really don't get the folks bleating about the stock market AI bubble as a measure of success when jobs are in the toilet and it is only going to get worse with AI.
Fewer people can even invest in stocks or 401k plans when they don't have jobs or the job pay is crap.
DP to add, case in point:
https://www.nytimes.com/2025/10/21/technology/inside-amazons-plans-to-replace-workers-with-robots.html?unlocked_article_code=1.w08.1Sua.itraldCA5GRi&smid=url-share
Amazon Plans to Replace More Than Half a Million Jobs With Robots
"Amazon’s U.S. work force has more than tripled since 2018 to almost 1.2 million. But Amazon’s automation team expects the company can avoid hiring more than 160,000 people in the United States it would otherwise need by 2027. That would save about 30 cents on each item that Amazon picks, packs and delivers to customers.
Executives told Amazon’s board last year that they hoped robotic automation would allow the company to continue to avoid adding to its U.S. work force in the coming years, even though they expect to sell twice as many products by 2033. That would translate to more than 600,000 people whom Amazon didn’t need to hire."
To sum it up, Amazon is excited to use AI to produce cost savings on products when ironically, fewer people will even be able to purchase of them thanks to job loss.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon.
I really don't get the folks bleating about the stock market AI bubble as a measure of success when jobs are in the toilet and it is only going to get worse with AI.
Fewer people can even invest in stocks or 401k plans when they don't have jobs or the job pay is crap.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon.
I really don't get the folks bleating about the stock market AI bubble as a measure of success when jobs are in the toilet and it is only going to get worse with AI.
Fewer people can even invest in stocks or 401k plans when they don't have jobs or the job pay is crap.
Well then you are in good shape. You shouldn't be investing in an over-inflated market. Try reducing debt instead.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon.
I really don't get the folks bleating about the stock market AI bubble as a measure of success when jobs are in the toilet and it is only going to get worse with AI.
Fewer people can even invest in stocks or 401k plans when they don't have jobs or the job pay is crap.
DP to add, case in point:
https://www.nytimes.com/2025/10/21/technology/inside-amazons-plans-to-replace-workers-with-robots.html?unlocked_article_code=1.w08.1Sua.itraldCA5GRi&smid=url-share
Amazon Plans to Replace More Than Half a Million Jobs With Robots
"Amazon’s U.S. work force has more than tripled since 2018 to almost 1.2 million. But Amazon’s automation team expects the company can avoid hiring more than 160,000 people in the United States it would otherwise need by 2027. That would save about 30 cents on each item that Amazon picks, packs and delivers to customers.
Executives told Amazon’s board last year that they hoped robotic automation would allow the company to continue to avoid adding to its U.S. work force in the coming years, even though they expect to sell twice as many products by 2033. That would translate to more than 600,000 people whom Amazon didn’t need to hire."
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon.
I really don't get the folks bleating about the stock market AI bubble as a measure of success when jobs are in the toilet and it is only going to get worse with AI.
Fewer people can even invest in stocks or 401k plans when they don't have jobs or the job pay is crap.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon.
I really don't get the folks bleating about the stock market AI bubble as a measure of success when jobs are in the toilet and it is only going to get worse with AI.
Fewer people can even invest in stocks or 401k plans when they don't have jobs or the job pay is crap.
DP to add, case in point:
https://www.nytimes.com/2025/10/21/technology/inside-amazons-plans-to-replace-workers-with-robots.html?unlocked_article_code=1.w08.1Sua.itraldCA5GRi&smid=url-share
Amazon Plans to Replace More Than Half a Million Jobs With Robots
"Amazon’s U.S. work force has more than tripled since 2018 to almost 1.2 million. But Amazon’s automation team expects the company can avoid hiring more than 160,000 people in the United States it would otherwise need by 2027. That would save about 30 cents on each item that Amazon picks, packs and delivers to customers.
Executives told Amazon’s board last year that they hoped robotic automation would allow the company to continue to avoid adding to its U.S. work force in the coming years, even though they expect to sell twice as many products by 2033. That would translate to more than 600,000 people whom Amazon didn’t need to hire."
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon.
I really don't get the folks bleating about the stock market AI bubble as a measure of success when jobs are in the toilet and it is only going to get worse with AI.
Fewer people can even invest in stocks or 401k plans when they don't have jobs or the job pay is crap.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Will do. AI bubble inflates. UPS and Amazon demoralizing their workforce in November means consumers aren't buying and aren't going to buy anytime soon.
Anonymous wrote:Anonymous wrote:UPS cutting 40,000 jobs
Chegg cutting 45% of its workforce
That isn't AI layoffs even if they may use it as an excuse. Face it, the economy is falling apart
Chegg is laying off half its workforce because they can't sell what ChatGPT gives away for free.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:AMAZON TARGETS AS MANY AS 30,000 JOB CUTS - SOURCES AMAZON JOB CUTS TO BEGIN TUESDAY -SOURCES
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.
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.
Amazon’s stock is up at least 5-6% and reports earnings this week. How about we come back later this week when they blow out quarterly earnings and you can admit you’re wrong.
Anonymous wrote:UPS cutting 40,000 jobs
Chegg cutting 45% of its workforce
That isn't AI layoffs even if they may use it as an excuse. Face it, the economy is falling apart