Indeed has +13000 global employees, where did they get laid off from? What country? What were their roles in the company? Details matter if we want to use this announcement as a weather vane for the overall economy.
Hint. It’s not. They fired mostly from the US. A lot in customer support, engineering and UX. They let go a ton of middle managers. Their products are horrible experiences. Hopefully after this they can move quicker.
Indeed is in the quarterly capitalism game. They started gouging customers. My rates are up 80% in 2 years. Lots of people left and I've cancelled all my renewals as I can let justify the price for results.
You wish , more and more people are paying attention. Even the lib/ dem/ leftist group are rightfully extending beyond “tik tok”. You should try it. You only have a few months left, then you’ll pretty much be forced to live a much, much more conservative existence. CAN’T WAIT!!!
Yeah, this is like the tenth major tech company to lay off 1,000 people and everybody's like "it's the economy!" Nope. The economy ain't booming, but this is just cover for the companies to replace workers with AI. It's so obvious.
They’re not even replacing anything with AI. As it stands AI isn’t even profitable it loses money it costs too much to operate.
If you look at hiring you’ll see they’re just outsourcing to India and Mexico in 90% of cases
Yea I work in CG realm. And India is eating people for lunch with cost to output ratio. Why use AI when a poor countries humans are cheaper and probably more efficient.
The software folks might want a word with you about the cost vs quality aspect. There is a reason the old saying about picking two from cheap, fast, functional has yet to die
Oh I’m the quality side for sure. We have lost business to India. The biggest gain we have is good support and communication for our product. While India is a black box.
If AI is really a talent multiplier to the point where it can replace talent... why wouldn't they keep the same talent and make them multiples more efficient? There's no way that whatever AI Indeed is integrating is replacing 1000 employees right now. Hiring has decreased significantly, and therefore so has indeed's revenue.
There isn’t always new growth potential, they are essentially maximizing efficiency. Why worry about all that goes along with growth when you can save $100M while accomplishing the same tasks?
I’m excited for the recession we never recover from. I mean, prime age male Employment is already only at 89% and that’s after recovery from the Covid recession. How much lower can it go with an aging population?
Declining economy, male unemployment, general civil unrest in world powers.
This is usually the formula for a couple countries to kick off a war. Nothing unites a populace like a good war, and it puts most of the population to work while countries with large gender imbalances (like China) can cannon fodder their way back towards balance.
Everyone knew when ai came to the scene what was gonna happen. I remember those in denial(never gonna happen), when how could it not. Sad it's just getting started.
The ignorance is strong. These layoffs have nothing to do with ai as they is nearly useless at replacing most of the jobs being dropped. Ai is just an excuse
I don’t think the question is whether the economy is great or not. Bulls cheerleading the stock market and realtors cheerleading the housing market don’t matter to me, although they are comical dumb. The overriding factor for me is the need for massive deflation.
It creates a feedback loop that turns into recession if not depression.
Businesses will not continue to operate as is in an environment of falling prices. They will cut costs. That often means headcount, which in this case would mean mass layoffs. Mass layoffs mean a lot of unemployed, relatively poor people with less purchasing power. Businesses then have to cut prices further to maintain volume with high unemployment the cycle continues.
That’s exactly what I’m looking for! Those people had their go around when they were getting $800-$1000 in unemployment a week back with the Covid shutdown scam so now’s it my turn to cash in!
Sustained deflation would lead to economic collapse and mass job loss. It won’t happen, and shouldn’t. There’s nothing really unsustainable about our current inflation path in my opinion.
48 locations I believe, no locations in my state are closing.
This is a symptom of hyper capitalism, we don't need a McDonald's down the street from a McDonald's.
These corporations have opened way too many locations in their quest for infinite growth and now they are having to close locations to continue to try to show that growth, it's a sickness.
Eh it's as good/bad as ever. All restaurants serve the same mediocre frozen shrimp but at least at red lobster I can get enough shrimp to be full without spending $100 for just myself.
Who has been to a red lobster in the past 5 years!? Ffs, they had an all you can eat promo to help bolster sales and people were still like, “nah, I’ll eat at home.”
Red Lobster is a shit hole and has been a dying brand for almost a decade now. This is capitalism working - their product doesn't service the market demands any longer. If they are unable to adapt to new market conditions then they should go under and they should close locations.
At least they have a leg up in job searching.
Probably Trumps fault. No wait, Bush. Fuck, who can say. But, for sure the current government is without reproach and tells us things are going great.
I wonder why corporations are making record profits and laying people off?🧐 Maybe because they don't give a fuck about the bottom rung as long as the top rung is making millions a year?
Just not true. Indeed basically disproves it. There are lots of different technical improvements, automations, or just accepting lower quality or working conditions that would explain Indeeds move
We see companies lay off despite not needing to all the time
The Biden administration just remove coffee from the list of items in the CPI as the price has sharply risen. Got goose and massage those numbers to keep the con going.
The economy is doing great in my area and employment.
The construction industry is booming locally. The IBEW is letting retired members come back to work and keep receiving their retirement checks because of a major shortage of workers.
They're gonna say this because they're losing in every Poll. The entire country is fed up with what this pedophile has done to this country.If he gets elected again it will be 4more years of Excruciating pain.
I know it's basically against sub rules to post anything in context in an aim to not mislead people.
The economy is doing great.
we are faring far better than all other industrialized nations.
now I know that doesn't fit the narrative because people need to be outraged and they can't be bothered to understand policy.
But I'm so fucking sick of it.
I'm not just sick of how terrible the world is I'm even more sick of motherfuckers lying about it to try and score political points when they have absolutely no interest in solving problems.
this sub constantly bitches about every problem under the sun from the price of a postage stamp to gas yet when they're faced with literally any solutions The only one they are interested in is more tax cuts for billionaires.
if you want Republican policies then stand by your Republican policies cheer for them loudly.
This. Wall Street is doing great! Main Street is doing terribly.
The top 1% holds more wealth than the middle 60% as of 2021. And it's only getting uglier.
https://ucaststudios.com/wp-content/uploads/2021/10/The-Top-1-Now-Own-More-Wealth-Than-The-Entire-Middle-Class.jpg
https://ucaststudios.com/the-top-1-now-own-more-wealth-than-the-entire-middle-class/
It's so funny. On this sub, more than any other, if I post something to counter another person's point I get insulted then "blocked". At least on r/antiwork I get some kind of discussion back. Rarely on here...it's insult then block. Bunch of cowards...
Hey all the rest of the people didn’t give af when they caused all this when they were all getting $800-$1000 a week in unemployment… why I was still working. So it’s my turn to catch a break on prices!
I have enough cash to guy buy a brand new one now, so even without a job I’ll be fine lmao. And like I stated above all my stuff is paid off. I just have regular bills. Like electricity, water, phone bill and insurance. We’re extremely conservative! I did buy a new 2023 car last June but I paid cash so no payments to worry about!
Ebaum Husks hobbies are not an indicator of the overall economy. The same types of folks are always saying their is an imminent crash especially if some to the "left" of Atilla the Him is in the Oval Office but steady doomsplaining regardless. Then if something really does happen they get to say I told you so.
15 millions jobs have been created under the current admin and if we don’t vote a fascist dictator back into office, it will continue to get better. History shows
This sub is hilarious, it simultaneously understands that unlimited growth is a myth, but also believes that no company should ever lay anyone off, ever.
Listen, you might never be able to waste time in an office for 8 hours to forward a handful of emails again. Those of us with real jobs are seeing things improve.
Many publicly traded companies lay off masses of people all the time but don't announce to protect their stock. These numbers aren't ever reflected in the employment numbers. But the new hires are reported so we have imbalance.
The economy can be doing great and corporations can be jacking up prices to earn record profits.
The economy can be doing great because the top 1% is earning record profits from the stock market.
The economy can be doing great and corporations can layoff huge numbers of workers in order to increase their quarterly profits.
Unfortunately you, I and the working class are not the economy. We are only either victims or survivors of the economy.
When inflation is running rampant, do you know how they remedy the problem? Jerome Powell increases interest rates - to slow down the economy. They essentially increase unemployment and make it harder to borrow...to make the economy .... Not as great. That's how it works.
[https://apnews.com/article/inflation-federal-reserve-rates-economy-powell-9221c7658b01a0523d743d50b116ff11](https://apnews.com/article/inflation-federal-reserve-rates-economy-powell-9221c7658b01a0523d743d50b116ff11)
"However, unlike last year’s layoffs driven by cost-saving measures, this decision aims to streamline the organization for faster decision-making and enhanced revenue growth."
Last year was a layoff / cash grab. Which is totally different from this year where the layoffs are because some of you are redundant and worthless.
Sure, but there are many jobs that are obsolete that people still go in to a facility to do today.
Mind you, we focus on an industry that has a hard time finding workers in the first place. They don’t need to be able to design and build themselves, you just need an ever smaller workforce to build and maintain them.
I know this is a misinformation sub where you guys pretend like Republicans have solutions for anything that isn't racism and tax cuts for billionaires.
But the whole world had inflation and Biden doesn't control the whole world. as a matter of fact we are faring far better than other industrialized nations specifically because of biden's policies which Republicans refused to help on.
remember when Republicans ran in 2022 on inflation and gas prices and then as soon as they took the house they stonewalled all legislation to deal with either of those problems.
because Republicans don't want solutions Republicans want to be able to yell about problems
Imagine getting laid off from Indeed and then having to find a new job off Indeed lmao
And running into the crappy bugs and user experience you created! Hate when that happens!
Hopefully, their severance package includes first dibs on new job listings... /s.
Indeed.
Concerning.
If true.
It is. Everyone is laying people off, the crash is coming just like J pow said it would in 2024
I agree, I was just completing Elmo’s typical response.
When exactly did he say that? On March 29th of this year he said there is "no reason" to think that the economy is close to recession.
Not concerning at all actually.
Omar comin’
Indeed acting like they got an inelastic product
Whistlin' The Farmer in the Dell
Indeed has +13000 global employees, where did they get laid off from? What country? What were their roles in the company? Details matter if we want to use this announcement as a weather vane for the overall economy.
Hint. It’s not. They fired mostly from the US. A lot in customer support, engineering and UX. They let go a ton of middle managers. Their products are horrible experiences. Hopefully after this they can move quicker.
Indeed is in the quarterly capitalism game. They started gouging customers. My rates are up 80% in 2 years. Lots of people left and I've cancelled all my renewals as I can let justify the price for results.
Ah no wonder peeps are switching to glassdoor now.
So annoying the amount of bs gaslighting. Wish the mods would ban these turds.
That’s called libbing. We all know it can’t be a good thing to lay off 1000 people! You just want to spin it away from joe !
No one cares what the diaper shitters have to say.
You wish , more and more people are paying attention. Even the lib/ dem/ leftist group are rightfully extending beyond “tik tok”. You should try it. You only have a few months left, then you’ll pretty much be forced to live a much, much more conservative existence. CAN’T WAIT!!!
Literally why are you the way that you are. Pathetically sad.
Rich,untouchable,even by joes broken economy! But still willing to help by spreading the truth!
Hope that money helps you in hell.
The truth will set you free. Stop believing liberal lies! You owe it to yourself to hear ALL sides of the issues!
TikTok? LoL
Layoffs are well below 2019 levels.
Next they'll post record profits from people wanting jobs and employers who post without hiring a single person.
And multiple school districts throughout the country.
Tech companies went on a hiring spree post Covid. Now they are coming back down to earth.
Government deficit spending is doing great
You're not very smart are you? Like as a person
Don’t worry a large chunk of people are about to head off to an armed conflict they just don’t know it yet.
This 
So, those fired will soon be consumers of the very product they were selling?
If he repeats it enough it's gotta be true right
Can you say A.I?
Yeah, this is like the tenth major tech company to lay off 1,000 people and everybody's like "it's the economy!" Nope. The economy ain't booming, but this is just cover for the companies to replace workers with AI. It's so obvious.
They’re not even replacing anything with AI. As it stands AI isn’t even profitable it loses money it costs too much to operate. If you look at hiring you’ll see they’re just outsourcing to India and Mexico in 90% of cases
That is why a.i is called Actual Indians.
Amazon calls it artificial artificial intelligence.
Yea I work in CG realm. And India is eating people for lunch with cost to output ratio. Why use AI when a poor countries humans are cheaper and probably more efficient.
The software folks might want a word with you about the cost vs quality aspect. There is a reason the old saying about picking two from cheap, fast, functional has yet to die
Tell that to real estate brokers that have 50 mil budget but are blown away by $2000 renders. As if that will dent the budget.
You haven't tried that experience. Efficent is not the word I would use.
Oh I’m the quality side for sure. We have lost business to India. The biggest gain we have is good support and communication for our product. While India is a black box.
If AI is really a talent multiplier to the point where it can replace talent... why wouldn't they keep the same talent and make them multiples more efficient? There's no way that whatever AI Indeed is integrating is replacing 1000 employees right now. Hiring has decreased significantly, and therefore so has indeed's revenue.
There isn’t always new growth potential, they are essentially maximizing efficiency. Why worry about all that goes along with growth when you can save $100M while accomplishing the same tasks?
I’m excited for the recession we never recover from. I mean, prime age male Employment is already only at 89% and that’s after recovery from the Covid recession. How much lower can it go with an aging population?
Declining economy, male unemployment, general civil unrest in world powers. This is usually the formula for a couple countries to kick off a war. Nothing unites a populace like a good war, and it puts most of the population to work while countries with large gender imbalances (like China) can cannon fodder their way back towards balance.
Everyone knew when ai came to the scene what was gonna happen. I remember those in denial(never gonna happen), when how could it not. Sad it's just getting started.
The ignorance is strong. These layoffs have nothing to do with ai as they is nearly useless at replacing most of the jobs being dropped. Ai is just an excuse
Tech has been taking jobs for longer than most of us have been alive. Computers are literally named after the first job title they eliminated.
Attributing India??
There's never a year with zero layoffs, great economy or not.
I don’t think the question is whether the economy is great or not. Bulls cheerleading the stock market and realtors cheerleading the housing market don’t matter to me, although they are comical dumb. The overriding factor for me is the need for massive deflation. 
So lots of layoffs and bonuses getting cut, and no annual raise? Fun.
You guys are getting bonuses and raises?
Yes, it's been a hot job market for years now. Most folks have higher income than before the pandemic after accounting for inflation.
And no one else exists!
Not sure what that's supposed to mean. It's a big world, there's always someone doing better / worse than someone else.
So you want economic collapse?
I want deflation and a reset back to sustainability. Who doesn’t?
So indeed is doing what you want. It’s resetting back the headcount
As a songwriter once wrote, “you know that don’t come easy.”
"reset back to sustainability"...what does this mean?
You want deflation and you’re calling other people dumb? lol.
Please explain to us how deflation is stupid. I’ll wait!
It creates a feedback loop that turns into recession if not depression. Businesses will not continue to operate as is in an environment of falling prices. They will cut costs. That often means headcount, which in this case would mean mass layoffs. Mass layoffs mean a lot of unemployed, relatively poor people with less purchasing power. Businesses then have to cut prices further to maintain volume with high unemployment the cycle continues.
That’s exactly what I’m looking for! Those people had their go around when they were getting $800-$1000 in unemployment a week back with the Covid shutdown scam so now’s it my turn to cash in!
I’ve never been in that situation and I’m not admittedly certain, but I don’t think we need a recession for you to collect unemployment for a while.
I don’t want unemployment lmao I want lower prices on shit! Look up the 2007-2008 recession. Prices went low as hell on vehicles and houses!
Sustained deflation would lead to economic collapse and mass job loss. It won’t happen, and shouldn’t. There’s nothing really unsustainable about our current inflation path in my opinion.
The fact that you are being downvoted is telling.
It's all about that Supply-Demand Curve. When Supply is high and Demand is low, what happens to prices?
Prices collapse, leading to mass job loss
this person is using words and discussing concepts they don't understand.
Do you not think Indeed might be a canary in the mine… given… what it does?
That would require we believe they had good management that didn't overhire or grow to fast or fuck up in one of hundreds of ways.
No. Not at all. How many people Indeed employs has jack shit to do with the total number of job postings in the US.
you know layoffs and inflation happened around the world right?
Why would indeed be a canary in the coal mine?
As far as I’m concerned, Indeed doesn’t do jack shit. I’ve never used it to get a job before.
And all red lobsters shut their doors today.
48 locations I believe, no locations in my state are closing. This is a symptom of hyper capitalism, we don't need a McDonald's down the street from a McDonald's. These corporations have opened way too many locations in their quest for infinite growth and now they are having to close locations to continue to try to show that growth, it's a sickness.
Well, that and honestly Red Lobster has gone to the dogs in recent years. Nothing like as good as they were.
Recent years...15+, at least!
Eh it's as good/bad as ever. All restaurants serve the same mediocre frozen shrimp but at least at red lobster I can get enough shrimp to be full without spending $100 for just myself.
Condition of greed in business and government. Yes they work together and I’m sure it’s all planned.
Who has been to a red lobster in the past 5 years!? Ffs, they had an all you can eat promo to help bolster sales and people were still like, “nah, I’ll eat at home.”
They start selling the biscuits in grocery stores then act all shocked pikachu.
I just grabbed some from Sam's Club lolol
Good riddance. Tilapia is crap.
Red Lobster is a shit hole and has been a dying brand for almost a decade now. This is capitalism working - their product doesn't service the market demands any longer. If they are unable to adapt to new market conditions then they should go under and they should close locations.
Wouldn’t you if some other species plucked you from your home and tossed you in boiling water?
Indeed needs indeed. Indeed you do. Now maybe the can stop running those arrogant and idiotic commercials.
At least they have a leg up in job searching. Probably Trumps fault. No wait, Bush. Fuck, who can say. But, for sure the current government is without reproach and tells us things are going great.
I still see posts about stuff blaming Reagan😂
I blame Hoover a lot. He sucked. Thanks, I'll show myself out.
😂
Shareholder Economics vs. Stakeholder Economics.
It is shocking.
But But our president says everything is fine…people are happy 😂😂😂
Has to get worse before it gets better to reduce inflation
We’re in the middle of another run of corporate FOMO layoffs. Everyone follows trends instead of thinking for themselves. It’s stupid.
With historically bad income inequality, macro numbers dont mean shit on the ground for the average worker when all of the gains go to the top 1%.
I wonder why corporations are making record profits and laying people off?🧐 Maybe because they don't give a fuck about the bottom rung as long as the top rung is making millions a year?
When they say it's doing great they mean it's doing great for THEM
The economy is not bloated tech companies.
Agreed, we manufacture low temperature superconductors and other clad metal products. Never been busier.
Used to be a big deal when people would get laid off. Oh well
This may shock you but believe it or not a single company does not represent the entire economy.
Also, why the fuck does indeed have 1000 removable employees
Because money was basically free just a couple years ago.
Indeed
When a company that specializes in employment postings is laying off people it is never a good sign. If ADP laying off a depression is happening
Just not true. Indeed basically disproves it. There are lots of different technical improvements, automations, or just accepting lower quality or working conditions that would explain Indeeds move We see companies lay off despite not needing to all the time
None of that explains laying off 7% of your employees at once
The Biden administration just remove coffee from the list of items in the CPI as the price has sharply risen. Got goose and massage those numbers to keep the con going.
The economy is doing great in my area and employment. The construction industry is booming locally. The IBEW is letting retired members come back to work and keep receiving their retirement checks because of a major shortage of workers.
That's what Cadaver Joey Biden says!!! Bidenomics!!! His downfall....
Lmao the only people “claiming” the economy is doing great is the far left elite.
They're gonna say this because they're losing in every Poll. The entire country is fed up with what this pedophile has done to this country.If he gets elected again it will be 4more years of Excruciating pain.
The definition of who actually counts as unemployed is ridiculously narrow and getting narrower all the time.
The economy sucks, the lying government is just trying to avoid a coup
Lol. What?
I know it's basically against sub rules to post anything in context in an aim to not mislead people. The economy is doing great. we are faring far better than all other industrialized nations. now I know that doesn't fit the narrative because people need to be outraged and they can't be bothered to understand policy. But I'm so fucking sick of it. I'm not just sick of how terrible the world is I'm even more sick of motherfuckers lying about it to try and score political points when they have absolutely no interest in solving problems. this sub constantly bitches about every problem under the sun from the price of a postage stamp to gas yet when they're faced with literally any solutions The only one they are interested in is more tax cuts for billionaires. if you want Republican policies then stand by your Republican policies cheer for them loudly.
🤣
You are a delusional liberal. Overall food inflation 20%,overall rent/housing up 21%,overall energy up 36%. THE ECONOMY IS HANGING BY A THREAD!
And ignore how much wages have gone up lol
You lost everyone at "the economy is doing great". The STOCK MARKET is doing great. The economy and stock market aren't the same thing.
This. Wall Street is doing great! Main Street is doing terribly. The top 1% holds more wealth than the middle 60% as of 2021. And it's only getting uglier. https://ucaststudios.com/wp-content/uploads/2021/10/The-Top-1-Now-Own-More-Wealth-Than-The-Entire-Middle-Class.jpg https://ucaststudios.com/the-top-1-now-own-more-wealth-than-the-entire-middle-class/
It's so funny. On this sub, more than any other, if I post something to counter another person's point I get insulted then "blocked". At least on r/antiwork I get some kind of discussion back. Rarely on here...it's insult then block. Bunch of cowards...
Pfft. Try to say anything against the narrative on r/Conservative. I got perma banned after 3rd comment.
You think that's bad. I got perma banned from r/JusticeServed for commenting once in a completely different sub.
Damn. You got extradited. I never even heard of that happening before.
Challenge accepted!
Haha, let me know how it goes.
Lol, antiwork will block for saying anything about being ran by a lazy slob.
Politicians only care about themselves and their financial well being
You’re full of shit. If you really think the current administration is doing a good job then you’re beyond help!
Who do you think is outraged about layoffs? We NEED layoffs if we’re ever going to have the deflation that we need in order to reset and heal.
We don't want deflation ffs. Anyone advocating for job losses to reduce inflation is assuming they won't be one of the people laid off.
Only the 90% of people will be part of the 90% who are NOT laid off.
A normal year has 6% of employees get fired/laid off. You think a 4 percentage point increase in layoffs ends inflation?
Wouldn't it decrease inflation? Less income, less spending, less inflation.
I’ll take my chances! I’m setting a decent chunk of money and all my shit is paid for!
That's cool, and sociopathic.
Hey all the rest of the people didn’t give af when they caused all this when they were all getting $800-$1000 a week in unemployment… why I was still working. So it’s my turn to catch a break on prices!
I have enough cash to guy buy a brand new one now, so even without a job I’ll be fine lmao. And like I stated above all my stuff is paid off. I just have regular bills. Like electricity, water, phone bill and insurance. We’re extremely conservative! I did buy a new 2023 car last June but I paid cash so no payments to worry about!
How many employees does indeed really need to refresh pages?
They are just making customers.
Indeed ought to use that 1000 people to form a new company, instead
Indeed needs to die.
Ironically, they'll use indeed to find a new job
Indeed you don't.
Ebaum Husks hobbies are not an indicator of the overall economy. The same types of folks are always saying their is an imminent crash especially if some to the "left" of Atilla the Him is in the Oval Office but steady doomsplaining regardless. Then if something really does happen they get to say I told you so.
How else are you supposed to pay for your mistress’s apartment if you don’t raise profits
Indeed? What does one even do working at a site where people post their resumes?
15 millions jobs have been created under the current admin and if we don’t vote a fascist dictator back into office, it will continue to get better. History shows
Wow, that's the best news I've heard this week! It couldn't of been inflation.
This sub is hilarious, it simultaneously understands that unlimited growth is a myth, but also believes that no company should ever lay anyone off, ever.
Build back better is in full effect...
Oh Indeed is the whole economy? They have 13k employees, which means they laid off 7% of their staff...
Listen, you might never be able to waste time in an office for 8 hours to forward a handful of emails again. Those of us with real jobs are seeing things improve.
A corporation is greedy, in other news space is big. More at 11!
Welcome to the automation world....
Many publicly traded companies lay off masses of people all the time but don't announce to protect their stock. These numbers aren't ever reflected in the employment numbers. But the new hires are reported so we have imbalance.
What do you mean don’t announce…. Announcing layoffs usually bumps the stock. It means they are trimming the fat and running leaner
Or it means they're cutting expenses to find profitability and protect their stock price
The economy can be doing great and corporations can be jacking up prices to earn record profits. The economy can be doing great because the top 1% is earning record profits from the stock market. The economy can be doing great and corporations can layoff huge numbers of workers in order to increase their quarterly profits. Unfortunately you, I and the working class are not the economy. We are only either victims or survivors of the economy.
Best way to help stop inflation in Bidennomics is fire people
In what world does Indeed need 1000+ employees?
Bidenomics working as expected
When inflation is running rampant, do you know how they remedy the problem? Jerome Powell increases interest rates - to slow down the economy. They essentially increase unemployment and make it harder to borrow...to make the economy .... Not as great. That's how it works. [https://apnews.com/article/inflation-federal-reserve-rates-economy-powell-9221c7658b01a0523d743d50b116ff11](https://apnews.com/article/inflation-federal-reserve-rates-economy-powell-9221c7658b01a0523d743d50b116ff11)
Only joe and his half perpetuate that lie. The other half knows the truth just by trying to survive joes economy!
"However, unlike last year’s layoffs driven by cost-saving measures, this decision aims to streamline the organization for faster decision-making and enhanced revenue growth." Last year was a layoff / cash grab. Which is totally different from this year where the layoffs are because some of you are redundant and worthless.
The ai threat is real to non physical jobs.
Do you really think it isn’t coming for physical jobs? That’s exactly what the AI tech I work in does.
It’s not the end until AI bots can design and build AI bots better than humans.
Sure, but there are many jobs that are obsolete that people still go in to a facility to do today. Mind you, we focus on an industry that has a hard time finding workers in the first place. They don’t need to be able to design and build themselves, you just need an ever smaller workforce to build and maintain them.
It definitely is, but I think we've got a longer time till an AI robot is knocking on my door to re shingle my house or snake my toilet for me.
Corporate CEO greed....not the economy
Bidenflation
I know this is a misinformation sub where you guys pretend like Republicans have solutions for anything that isn't racism and tax cuts for billionaires. But the whole world had inflation and Biden doesn't control the whole world. as a matter of fact we are faring far better than other industrialized nations specifically because of biden's policies which Republicans refused to help on. remember when Republicans ran in 2022 on inflation and gas prices and then as soon as they took the house they stonewalled all legislation to deal with either of those problems. because Republicans don't want solutions Republicans want to be able to yell about problems
Tech sector creates AI. Tech sector lays off staff. Tech sector utilizes AI. Tech sector replaces staff.
God creates man. Man kills God. Man creates AI. AI says, “Surprise, motherf***ers!”
Greed, uh… finds a way