Employees, who needs em?
Say Goodbye to 30,000 Employees
The Wall Street Journal reports Amazon to Lay Off Up to 30,000 Corporate Workers
Amazon.com plans to lay off as many as 30,000 employees starting as early as Tuesday, according to people familiar with the matter, the latest cost-cutting move for the tech giant that is seeking to slim down and conserve cash.
The job cuts, which won’t all happen this week, would amount to roughly 10% of the online giant’s corporate workforce, the people said.
Thousands of corporate pink slips are expected to go out Tuesday, cutting across the organization and hitting human resources, cloud computing, advertising and a number of other business units, the people said. The total number of reductions hasn’t been finalized, one of the people said.
Amazon CEO Andy Jassy has sought to find ways for the company to do more with less. In June Jassy sent a note to employees that said increasing use of artificial intelligence will eliminate the need for certain jobs. He called generative AI a once-in-a-lifetime technological change that is already altering how Amazon deals with consumers and other businesses and how it conducts its own operations, including job cuts.
“As we roll out more Generative AI and agents, it should change the way our work is done,” he said at the time. “It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce.”
JPMorgan Chase’s chief financial officer told investors recently that the bank now has a “very strong bias against having the reflective response” to hire more people. Aerospace and defense company RTX boasted last week that its sales rose even without adding employees.
Goldman Sachs sent a memo to staffers this month saying the firm “will constrain head count growth through the end of the year” and reduce roles that could be more efficient with AI. Walmart, the nation’s largest private employer, has said it plans to keep its head count roughly flat over the next three years, even as its sales grow.
In a note to clients following the results, Bernstein said Amazon’s results raised “uncomfortable questions” about whether the company should be considered an “AI winner” or a laggard.
The company said its capital expenditures rose to $31.4 billion for the period, most of which went to AI and cloud-computing investments. At the time, Amazon said the figure was “reasonably representative” of its planned spending for the rest of the year.
Looking Ahead
If 30,000 people out of buying less and less (plus layoffs at Microsoft, Goldman Sachs etc.), and no hiring by Walmart where is consumer spending headed.
We also saw 100,000 government workers with expiring benefits in September. They were not working but were considered employed by the BLS because they got paid.
And tariffs will take a big toll on small businesses any time soon. I expect bankruptcies.
Finally, Trump is still threatening to fire government workers if Democrats do not end the shutdown.
So, who’s hiring?
Related Posts
July 28, 2025: New Rule: Companies Like to Brag About Layoffs
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October 1, 2025: ADP Private Jobs Decline by 32,000 in September, Huge Negative Revisions
ADP revised August from +54,000 to -3,000 making 2 straight months of declines.
October 4, 2025: About 100,000 Government Workers Are Off the Payrolls as of October 1
Trump is shrinking government payrolls. And another big cut is coming.
October 9, 2025: Job Cuts in 2025 Are the Highest Total Since 2009 Excluding 2020
2025 cuts through Q3 exceed all but 2020 annual totals since 2009. Details below.
I am not sure where this all ends, but I do know AI is not going back in the bottle. Within 15 to 20 years it will be able to replace every task known to man. We are going to go through the Great Filter; look it up.
Idle minds that angry at a perceived enemy eventually blow stuff up and cause chaos.
Better learn to weld.
Robots can weld.
Having a job you know you can keep until you feel like retiring is a massive gift in life. Thanks, Universe and congrats to those who can relate
Headline Error! Amazon is NOT cutting 10% of its full staff.
Amazon has around 1.5 million workers. The ‘up to 30,000’ being cut from the corporate-office staff only represent 2% of the total workforce. The million workers in the warehouse-and-distribution operations staff aren’t being impacted.
This is a “trim the headquarters bloat” cut – and the HQ staff did bloat upwards during COVID. It’s not a “batten down for a recession” sort of cut.
As for the longer-term plan to bring in robots and AI for the warehouses – they’ve been attempting that for 15 years, and it still hasn’t brought down the human workforce. We’ll see.
“The news comes less than one week after the New York Times discovered the company plans to drop more than one third of its 1.55 million employees in the next eight years, calling on automated systems and robots to replace the work they currently do”.
One third of 1.5 M employee gone by 2028?
That’s a lot of heads counts…
Where will all go? in real jobs..tiles installers,carpentry,electrical,plumbing,concrete works etc….
I hope that last senctence is sarcasm . . . I wouldn’t trust pretty much all of these workers doing any of the trades competently without supervision for at least 3 years and that’s if they even have the mindset and aptitude to learn. I’m constant lying amazed how helpless my coworkers are when it comes to simple woodworking and electrical work for instance.
I was in construction for many years…all entry level goofy are under supervision…Someone said I sound sarcastic…I was just pointing to a huge need of construction workers in my area…
Social media influencers?
Amusing how nobody wants to say the obvious here in that all that pandemic hiring was a shitty ruse used to prop up the economy so it wouldn’t look like it was failing. Now that prop is breaking and it’s gonna come down even harder than it would have naturally. Genius work from the feds and the megacorporations!
I agree that this is mostly a counter-reaction to the insane over-hiring during the pandemic, which left companies, especially tech-related ones, with an overhang of bodies – more than it is related to AI (as acknowledging the former would be admitting a mistake vs. AI which signals that they are “investing” in something the market loves).
I disagree though that the hiring during the pandemic was some kind of coordinated conspiracial ruse by companies to “prop” up the economy. It was just corporate groupthink, energized by hyper-easy money available during the pandemic.
You could say it stemmed from how suppliers forecast demand–all using the same methods and data. The same phenomena can be observed in the construction of office buildings, housing etc.
It wasn’t them pulling it. It was the government and the fed running the money printer 24/7 for years.
Pandemic and post-Pandemic employment was NOT a ruse to prop up the economy.
Hiring during this period was a function of many factors, primarily the inability of suppliers to properly gauge demand after a ‘shock,’ and an abundance of free money.
Economic theory produces a similar result using the interaction of multiplier and accelerator principles–in other words the result was reasonably predictable, and I said so, here, at the time.
It does not seem like a good business strategy for companies to create a seller’s labor market that was called the Great Resignation. I think over hiring had more to do with AI companies trying to buy up software engineers to prevent their competitors from having enough talent.
Every discussion about the future budget deficits ignores the fact we need a new economic model.
Like rare earths, the use of resources always depends on the use of energy to transform them. An energy-backed crypto would be useful.
A UHI (universal high income) would be fair. Today’s oligarchs inherited millennia of invention and decades of USA taxpayer investment specifically. They’re no more deserving of the wealth than less politically connected people. They just happen to hold title to the exponential increases in industrial and computational power. Distribute the crypto uniformly.
We should encourage some savings towards reinvestment into the AI. The faster it grows, the better off we all are. If you invest some of your UHI, you get a return….subject to a limiting function. That is, tax accumulation of UHI using an exponential function, to inhibit the re-emergence of oligarchs.
There’ll be no need for any other programs, minimum wages, student loans, Medicare, social security, rent control, etc.
Hmm…What to do to discourage new births in a world where no one dies… Well, if we can’t all decide on that… I guess we could continue letting the oligarchs drive up living costs and making it so people have fewer kids. Perhaps they don’t think enough people will agree otherwise. So instead of being up front about it like China was, they’ll use a bunch of underhanded techniques.
Yup, universal income and crypto will solve everything.
I was certain you were being sarcastic, until I plodded through this.
What will solve the problem?
Holding elected representatives responsible!
Profligate waste and buying votes must end before we can contemplate any other model for distribution. .
– AI might solve everything.
– An energy-backed currency (crypto is simply the general term for blockchain-supported currency) can provide a unit of exchange and store or value.
– A UHI can solve the problems of billions of unemployable humans.
“What will solve the problem? Holding elected representatives responsible”
Hasn’t happened in 250 years. Most recently, 98% of people voted for Kamala or Trump.
My dream has a higher chance of happening (since the conditions for it haven’t been met yet) than yours since yours is already falsified by centuries.
About this:
“yours since yours is already falsified by centuries.”
I should add “no offense, because after all that’s one of my dreams too”. But it hasn’t happened. Okay? Voters are too brainwashed to organize and do what’s necessary.
Money is the root of many of our problems.
AI’s eliminating money and using their robot workers to produce everything humans need for free eliminates the need for money.
Easy peasey.
There is only one of our nation’s problems that is totally solvable. That is to impeach and convict Trump. Call your Republican and Democratic members in congress and tell them they have fix this problem now, or never again be reelected.
So the way to solve democrats filibustering to keep the country closed is to fire the other guy. Interesting take.
I see you would rather have Dems give up healthcare for so many people just to reopen the government, which does what that is good, anyway? Don’t we want to ELIMINATE the federal government? Is this a Libertarian blog?
Wait, so if we’re not libertarian we will keep the country closed until we give free healthcare to all illegals?
Do you really want the return of woke policies and censorship ?
Alright, wipe off the cheetos crumbs, pull up your pants and find a job.
Denver says more about you than you realize. Impeach Trump for what, exactly?
Violating 1A 5A 14A for starters. Posse Comitatus as well. Documented violations, but Trump’s people are too incompetent and sworn to blind loyalty to consider any alternatives to what Trump tells them.
Full sympathy to those being laid off. BTDT it’s a trying experience and I don’t recommend it.
Nevertheless I can’t help but wonder how many were “over hires” from the pandemic era and were simply hired in on short term thinking that more bodies were needed to handle the “free money” buying spree. From what I have seen in my own AO, certain companies were locked into short term thinking, believing the events of the C19 disaster would the new normal and would never end.
I also suspect that “AI” is just a convenient MacGuffin for companies to shed excess or non-performing hires. It’s a way of avoiding admitting internal mistakes while giving the appearance of implementing the ‘latest and greatest’ tech marvel. Also helps avoid tough questions about future revenues while pumping up cost cuts.
Hard to know As with all tech improvements … there will be disruption. Most end up with higher employment in the long run, but AI could be different. At a time when Blue Cities are trying to raise Minimum Wage to $30/hr and more … those robots are looking extremely attractive (and we’ve already got apps and kiosks).
Let’s start with an economic FACT.
Low-level thinkers with low-productivity add little value to the enterprise.
AI raised the bar slightly.
If you are one of the low-levelers, you will likely not have a job in a few years. Your value to the organization, and the nation, is about $zero.
The reason why I say this is the US is in a fight for its future, and has been for a while, but only now is it in-your-face. This is why Trump resorted to tariffs. Biden resorted to false stats and printing money, and made it far worse.
Really, what needs to happen is rethinking the US. The DEI-fied education system must be brought up to #1 in the world, not #33 or whatever it is now.
The national emphasis must be innovation and productivity, not fighting more wars, etc.
AI Is the Bubble to Burst Them All
I talked to the scholars who literally wrote the book on tech bubbles—and applied their test.
Oct 27, 2025
https://archive.is/20251027180955/https://www.wired.com/story/ai-bubble-will-burst/
Previous tech bubbles were not necessarily an indictment of the technology; radio, aviation, and the internet all proved to be revolutionary leaps forward, even if the economic hype left considerable damage in their wake. But what aviation would be good at—moving people from one place to another, much more quickly than was possible with cars, trains, or horses—was clear enough early on. This is, to me, what elevates AI bubbledom to another level altogether: The promise of AI, to investors, is that it can do just about anything. Different parts of the AI story, whether it’s, say, “AI will cure cancer” or “AI will automate all jobs,” appeal to different investors and partners, and that’s what makes it so uniquely powerful in its bubble-inflating capacities. And so dangerous to the economy.
So yes, Goldfarb says, AI has all the hallmarks of a bubble. “There’s no question,” he says. “It hits all the right notes.” Uncertainty? Check. Pure plays? Check. Novice investors? Check. A great narrative? Check. On that 0-to-8 scale, Goldfarb says, it’s an 8. Buyer beware.
The 1920/21 DJT recession was severe. Copper for bullets plunged. But Ford produced over one million cars in 1920 and in 1921. Lindberg, who move letters from point A to B – and who parachuted several times bc planes were f**ked up – flew from Queens NY to Paris. Politicians used radios to reach people. Light bulbs. Music. Gasoline instead of horse shit. Toilets in apt instead of piles of shit in the court yards. Higher paying jobs. Higher consumer spending up. Tariffs. Higher payroll tax collection. A smaller gov ==> WWI debt cut by a half.
Toilets are connected to sewers, which would not exist with smaller government.
Don’t disrespect AI. Essential industries and the military are using AI. Germany will spend 377B Euros to modernize its military. Germany wants to become the most powerful military in Europe. The US will benefit from Germany, Japan, the Gulf states and other countries, from a global wave of military modernization expansion and from onshore industries. AMZN consumers might retrench but other industries expand.
While it is common to say with the next disruptor, “We’ve never seen anything like this before.” … it may be true this time. With the mad dash in AI and robotics … keeping a workforce employed could become a new challenge.
Training crews in modern industries and weapon systems is a challenge.
Providing logistic, supply and depot ctr for them is a challenge. Competition between friend and foe is a challenge. Xi REE embargo is a challenge. Competition between the US and Chines for AI supremacy is a challenge. Nuke proliferation was stopped, but more players entered the race to produce energy, REE, commodities, advance stealth fighters, bombs, drones, advance air defense, modern tanks…There are 4 superstates and their proxies. Each leader who runs them have to be smart and skillful to survive to exist with the other three. Not for supremacy.
It is interesting that you bring up rare earths, because everyone is jumping on that bandwagon. Some of the rare earth materials sought have magnetic properties, yet I know of one US company making materials with the same properties, and not using rare earths.
AI is to 2025- as dotcoms were to the late 1990s.
We live in a me-too culture. Too many companies are followers, not leaders. One invents, the rest piggyback. Eventually, the competitive market (what is left of it) sorts them out. We see it again and again. Crypto, electric cars, solar panels… The market is never big enough to support all of the entrants.
The future is founded in innovation. ALWAYS. If the world’s military all have AI, who has the advantage? Um, the country that develops ‘force fields’, or whatever. Well, for a few years anyway.
So, the question really isn’t AI. It is what follows AI. Because now is the time to invent it. Note that we still have dotcoms, probably far more than at the height of the era in 2000.
I read where Amazon “claims” these layoffs were, in part, due to COVID over hiring. If so, then why were 27K employees let got in 2023?
Amazon wants to automate 60% of its logistics jobs by 2033. Yikes!
And that’s the problem. We’re past peak employment for Amazon & many other fortune 500 companies with the capital to roll out AI & robotic solutions to curb or even eliminate hiring.
For now, it’s not so much about the job losses. Rather, it’s about very flat hiring. In another 2-3 years, AI-based cuts & near zero hiring will become the norm.
The Amazon CEO has been warning for a year now that college needs to stop training people to code. They’re AI is rapidly becoming very competent in that skill. I’m sure the same thing can be said for testing.
And on the other end of the sacle, $30/hr minimum wage workers in Cali and the PNW can now be replaced by cheaper and cheaper (and smarter and smarter) AI and robotics. We are heading into an interesting time.
People have been saying for years and years that we would come to a point where wages were high enough to cause companies to automate work and reduce human employment. Perhaps now is that time.
23,000 is routine annual turnover in a company with 1,500,000 employees.
Why worry about it? After the next world war, we’ll be hand-weaving cloth and forging horseshoes.
Anyone have a solution for the excess labor force until then? BESIDES BASIC INCOME.
I’ll advocate for indentured house assistants. For a fixed sum, the ‘assistant’ will do whatever is required by the ‘house owner.’ On call 24x7x365, washes cars, mows grass, fixes roof, washes windows, picks up dog poop, washes dishes…. Think of it as paid slavery for a fixed time.
There’s no “excess labor force”, and I doubt AI will produce one, but if there was, the historical solutions are many. In no particular order:
(a) shorten workweek (used to be 50 hours, now 36-40, could be 30…)
cost: zero
(b) transition back from “both parents work” to “one parent stays home”
cost: zero
(c) lower retirement age,
cost: retirement benefits
(d) increase duration of education
cost: tuition
Home prices down?
Lots of moving parts in that picture … but it certainly seems like folks w/out jobs are not going to increase housing demand.
In the Great Depression they hired people to dig a hole and then they hired somebody to fill the dirt back in.
Amazon’s chat bot is pretty horrendous. I think this is just an excuse for layoffs, sounds better than saying there is less growth in consumer spending than expected.
Respectfully disagree. As I develop code for hobby projects, I’m getting more and better help than ever as I code (and it suggests). AI and robotics are moving at breakneck speed and are going to have a nig impat. That $30/hr minimum wage is looking less intelligent by the day.
Amazon’s search engine also sucks BIGLY! I believe they have designed it this way to force you to wander around the site, which might cause you to buy more products. It’s like the Costco business model, where they continually move products to different aisles so that people are forced to wander, again hopefully to buy more items.
Suggested reading:
The obvious answer to both disruptive/ and/or catstrophic unemployment is precisely what I have been posting about here for years. Systems were made for man, not man for systems. Strategic Monetary Gifting must be integrated into the present monetary paradigm for the creation and distribution of all new money of Debt Only or its serfdom forever at best or social chaos even the oligarchs and the bankers won’t be able to survive.
Amazon has about 1.6 million workers, and 300,000 of them working in corporate offices.
It makes sense to cut 30,000 as part of regular streamlining efforts. Its less than 2% of its workforce.
It’s also plans to get rid of 500K factory workers.
Wake me up when they lay off even one warehouse worker.
Their 5-year plan is meaningless.
They’ve been trying to replace workers with robots for 20 years, and the company still has 1,600,000 workers.
Those 30k are coming out of the corporate staff, which makes the cut 10%, not 1-2%. Second, Amazon has already announced that it hopes to replace 600k warehouse workers with robots by 2032.
They’ve been saying that since 2005. Whatever.
Dude, that’s 10% of its corporate staff. There’s a reason companies break employees out into categories.
It’s 10% of a corporate staff that has bloated by around 30% over the past 5 years.
I’ve been saying month after month that AI is killing the old economic models that the world operates under. The vast majority of readers are not paying enough attention to all the areas that AI is making inroads in.
In 15–20 years or perhaps sooner, AI/robots won’t just assist humanity, it will replace the obsolete economic models and systems we are desperately clinging to now. An AI will likely be in charge.
Robots of all shapes and sizes will do almost all work better than humans. Politicians will be a remembrance like powdered wigs, a note from past history. Money will vanish because what’s the point of currency when machines can produce everything in limitless abundance?
This isn’t a fantasy, it’s the natural endgame of our technology. The future won’t ask our permission and it won’t look like “business as usual.” Iain M. Banks described it decades ago in his SF Culture novels: a post-scarcity civilization where the historical human struggling over power and survival becomes irrelevant.
People who think society will keep limping along with the same politics, concern with employment and backward looking economies are deluding themselves.
The old order is quickly dying, the proponents who continue to push this obsolete business, economic, political and life model just haven’t realized it yet.
Machines can produce everything in endless abundance? So I’d like a beachfront bungalow on my own private subtropical beach and equip it with a solid gold spa and plumbing. So AI can do that for everybody who wants it? No it can’t and such scarcity will always remain for private hunting estates, ski lodges, tropical islands, Hamptons waterfronts, Park Avenue penthouses etc that only the billionaires can afford. And that means there must be some form of exchangeable currency to account for wealth differences to set apart the billionaires from the majority of the population whose. UBI or other handout might give them a standard apartment and plenty of nice electronics that robot factories will make.
Of course that will only happen in an optimistic scenario when a dystopian future is more likely. Those that control the technology will control us (until a devious AI brings on Skynet either due to its own devices or due to some nilhilists prompt that outcome).
It could give you all of that but in the AI run, post-scarcity future, people won’t be interested in gold and such. Why would you want gold when money doesn’t exist and gold is nothing other than a pretty metal when polished up?
You will be free to move to a subtropical beach anywhere in the world and if you need a home there , it will be provided to you. It likely will not be a mansion. Again, people in that time will be too intelligent to even request BS like that.
Social status won’t matter. People won’t own cars. Again. there will not be any money. You will get what you need to live comfortably anywhere you choose. The machines will provide all you need.
lol
It is only about technology advancement and disruption continuing to gain more and more sophistication.
Look at how agriculture modernized at least about 100 years ago, and how that affected the workforce.
Examine robotics in automobile manufacturing like tack welders and paint booth sprayers.
Same goes for the internet especially its effect on the US Postal Service (USPS). In 1990, USPS had an all-time high of around 798,000 employees. Now it has around 593,000 employees.
Not sure what you describe as far as a Star Trek utopia will be realized within the next 500 years.
As with most people, you make the mistake of thinking that the old economic models will continue and change will slowly progress.
The correct way to imagine our future is that change is on an exponential curve. I know you understand what that is but I suggest you look at a picture and then image that degree of change occurring in 15-25 years.
Once unemployment crosses say 10% and nothing the government does shows any possibility of reducing it, people will being to recognize that the world is changing. And changing fast.
Of course, as with all transitions, this one could get messy, as the government and business masters of the universe struggle mightily to slow the AI advance and maintain business as usual.
But reality will strike as unemployment keeps increasing and government tax/tariff revenue keeps falling that the government cannot fund services that people expect.
It will become unavoidable that an AI must be put in charge and that its robot workers must start providing necessary food and housing support to everyone.
I so agree that this is possible. For 20 years, I’ve been seriously thinking this would occur in my lifetime. It’s getting close. But our rulers treat people inside and outside their borders as though they hate everyone but themselves.
15–20 years my ass. Within 5 years, we’ll be into a full-blown AI disruption that will have society howling.
Artificial Super Intelligence may arrive in 5-8 years, and when that happens, the paradigm of all humanity gets flipped upside down.
You are describing the “paradise” socialists have been dreaming of for centuries and it never works out. Here’s some proof, right now farmers have hundreds of tons of soybeans that China doesn’t want to buy, an over abundance of food while there are starving people around the world. Gaza could sure use some of that food right now but it won’t ever get there.
China produces cheap EV cars but they aren’t allowed in the US. Why? What if China wins the AI and robot war, are politicians going to allow them to come into the US?
There is currently plenty of over abundance of most things but people don’t allow it to flow freely, AI won’t change that one bit.
What you will get is a global depression around 2029, I’d prepare for that scenario over your dream AI robotland.
I believe it’s*likely* the growth of AI will change perspectives even among the retards who rule us.
BUT… we’re not there yet. And yes, things will get scary.
I don’t dare assign probabilities to the end states.
I do fear you are correct.
Ir doesn’t/hasn’t worked out because of human emotions, greed, illogic and folly. Let’s try to simplify.
The AI will govern logically, fairly and unemotionally, responding as necessary to any situation in a consistent and repeatable manner. While the AI will have been initially programmed by humans, it will have grown past the limitations of programming imposed by humans and will not then be susceptible to the human problems mentioned above.
The AI’s robot workers will do all the work that humans now do from manufacturing/building whatever is needed such as houses, transportation systems, athletic stadiums to growing food for humans and providing necessary medical care, all without cost. The AI will also police and enforce rules as necessary.
The bigger question to ponder is, what will become of humans, who will have the freedom to do whatever they want, go wherever they want, live wherever they want? Can maintaining 8 billion humans be logically rationalized? Can unlimited reproduction be allowed? Should the human population be culled to reduce our gross numbers?
Iain M. Banks got around these issues in his classic SF Culture novels by placing this future in a time when it was easy to travel between stars, so population issues go away when there is an infinite universe for humans to expand into.
But what if we are stuck on planet Earth? Hmmm…
Here’s the choice you must make.
You can receive UBI for your lifetime, if you are permanently sterilized at age 16. Otherwise no UBI.
Yes I want UBI.
No way, I want to reproduce
The 3rd option is you get fed to the Soylent Green tanks.
Mish – It would be helpful if you didn’t link to the WSJ because its content is hidden behind a paywall, when there are alternative sources not paywalled, that show the same story, such as:
https://www.reuters.com/business/world-at-work/amazon-targets-many-30000-corporate-job-cuts-sources-say-2025-10-27/
The big job cuts are piling up, yet the financial press tells us everything is OK.
Meanwhile, $Melania meme coin shot up over 50% earlier today for no apparent reason before falling back to earth (11 cents) in the last few hours.
Examine the ADT job numbers. The rate of job growth or creation has steadily decreased since January 2022 and a lot of economists stating the economy has been in recessionary conditions since 2022. The baby boomer generation leaving the full-time workforce had helped to keep the unemployment rate down.
I agree. And all that’s needed is maybe 6-9 more months of job cuts with very low hiring rates and we should really start to see signs of credit stress moving into the lower portion of the top 50% income earners. This 30K Amazon announcement should help create public awareness of how AI is materially changing the labor market.
My hunch is a bribe came in.
The minions of white collar schemers who occupy office space in these consumerist monstrosities cannot adjust to the thinning and smartening of the herd. Robots can easily tend to the needs of the remaining bloaters. Logistics will have to be smarter than ever as the inflationary depression deepens. The huge quantities of unwanted merch are auctioned off to small markets at pennies on the dollar, and wherever they get a toehold they thrive.
Amazon sux anyway. It’s slovenly consumer base is rapidly shrinking, so it’s plotters of manipulation are no longer valuable anyway either. I have never used them to buy anything either. eBay is best for me. Amazon will still be pretty big, but it’s heyday days are over.
My goal is to buy nothing from Amazon. Jeff Bezos can eat s…
Ha! I’ve bought 74 items from Amazon in 2025, so far.
A.I. leads to 30,000 job cuts at Amazon is heavy toll on the job market.
What if A.I. also evaluated the need for many of the current Governmen workers? Will the Government ever allow itself to be evaluated by A.I. for it’s efficiency and then act on the results? A.I. answer to this is—-Public keep paying higher taxes.
Who wins with AI taking over?
Humanity wins!
I hope. But it’s not looking good so far. Our rulers seem to hate everyone.
The “winning” involves getting rid of our rulers!
They control the robots.
In order to win, we need the robots to overthrow them. I hope it happens.
That is what will happen.
I think this is the capital vs labor distribution with capital winning. We will continue creating more of the super wealthy. Wealth and lifestyles will diverge even more.
I don’t believe a society can be cohesive in this manner.
Technology can change systems but people, envy, greed and aggression all remain.
Read 1984 again.
Mish asks, “So, who’s hiring?”
That question has been posed many times on this blog and until now his answer has always been, “Jobs will appear, they always have in the past.”
So Mish, who is hiring? Are you keeping a list?
There are short-term and long-term question.
There will always be creative destruction and new jobs and industries. AI won’t take every job as Musk predicts.
You are asking about “now” a different question.
Does not look good and tariffs make it much worse.
In 1900 the number one job description was “Domestic Worker.” Look at any period piece on BBS, and there are house and non-house servants galore.
Try to think. What will come in the place of services?
» The only possibility is services with a personal touch, made cheap by oversupply. Think gardeners, sitters, nannies, massage, prostitution, maids, cooks, entertainment, etc.
Probably a lot lower but the better question is how much faster does social security and medicare collapse with no one paying FICA?
And with no SNAP, I expect the level of violence to increase proportionately as soon as the hunger and desperation kick in.
Target laying off 1800 corporate jobs.
https://finance.yahoo.com/news/target-plans-layoffs-eliminating-1800-roles-as-new-ceo-michael-fiddelke-aims-to-reset-the-struggling-retailer-152024247.html
In a memo to employees on Thursday, Fiddelke, who has been with the company since 2003, said the retailer will eliminate 8% of its corporate roles in the US, including 1,000 existing roles and closing some 800 open roles the company had been hiring for. The layoffs are not set to impact logistics or in-store employees.
Are Trumpers loving this new golden age yet?
Got exit strategy?
What your seeing has little to nothing to do with Trump. The AI snowball started rolling under Biden and will continue rolling and gaining momentum regardless of which party is in power.
Now, there is core constituency, call it the human opposition perhaps, who are fighting against the advance of AI, sowing discord on the subject, writing books and publish numerous articles attempting to stop the snowball. They are failing. Fareed Zakaria had another one of these on his last GPS show, someone I never heard of named Karen Hao, who has written a new AI scare/FUD book she was promoting.
The world as a whole is working on AI and even if the USA puts in so-called “guardrails” to slow down the AI advance, it is impossible to stop that advance now and that advance WILL radically change the world we now live in over a very short time frame.
This just shows how much he hates Trump, and he’s all about click bait, making very few trustworthy points.
However, Trump will preside over this initial phase of AI rebalancing, so his administration will have to make some important decisions in the back half of his final term.
Trump & Vance will be seen as culpable, if they don’t encourage Congress to establish some reasonable guardrails sooner rather than later.
Honestly, I don’t see how Trump escapes a labor market “ah hah” moment before he leaves office.
And what does it matter if I hate or don’t hate Trump? How is that relevant to the discussion at hand?
It’s ironic that you criticize me for being critical of Trump but then you go ahead and do the same thing. Lol. Do you hate Trump?
Stop being a Trump shill, it’s embarrassing.
Trump is not even one year in office during his second administration. Examine the economic stats like ADT job growth since January 2022. We are part of an economic slowdown in the current cycle that started before Trump was reelected.
Trump promised a golden age, everything you wrote is irrelevant because even if it’s 100% true, the premise of electing Trump was that he would usher in a new golden age.
Yeah, most of us knew it was a lie, but the dimwits didn’t and that’s why I’m asking if they like the new golden age.
B..b..but he didn’t promise a golden age in 24 hours though. Paaatience, MPO.
And he did usher in The Trump Gold Card. That’s a start, no?
/s
Economy tanking going into the holiday season. Throw in work uncertainty stress to squeeze out more productivity from labor just as business ramping up.
The short answer is: Short.