It seems like layoffs keep getting worse and worse. What gives, or is this economic contraction illusory or somewhat overblown?
These jobs were linked to the Biden Economy which has been dying lately.
layoffs are bullish so companies are now doing it to boost their stock price. this is good for the economy. the newly-unemployed can always lay down and die
>>60939735this, death to every human being! NATURE IS HEALING!
>>60939727Ai is replacing many employees. Companies are spending on ai instead of paying salaries. Look at Oracle stock price. Ai is just getting started. The average white collar and pretty much the whole industry is going to suffer.
>>60939735Yeah but lay offs are happening but record profits and increasing GDP too. This means ai is already doing a good job
CUT THE RATES JEROME
>>60939727big layoffs just in time for WW3. thanks Trump!
>>60939799Is AI replacing employees completely or is this in part wishful thinking on company heads? What are the chances this trend reverses and AI falls like a lead balloon?
>>60939843NoYes100%
>>60939843Fuck, so much to type but here. Ai is already replacing many employees. And this week, oracle said demand is wayy higher than supply, and this is just for oracle and not including other companies and data centers. Thing is, with so many employees getting laid off and decreasing available jobs, profits have not been hit yet and most importantly gdp is still increasing. Ai replacing employees and how hard is that? Not hard at all. It sounds different when you says “employees” instead of “jobs” or “industries.”The wealth gap will grow even bigger and faster. And America cannot afford to lose the ai race to China.Now to my favorite topic, the wealth gap. Watch movies like>Judge Dredd original (first 15 minutes)>Total Recall remake>the Matt Damon movie where is bald or shaved head with robotsThat is the future. Very high tech, robots everywhere and very very big wealth divide. Judge Dredd first 15 minutes and Total Recall (whole movie) are perfect examples. Focus on the wealth divide.
>>60939727LMAO, I was laid off last Friday.I work in a senior Infosec role, and the phone has been blowing up ever since.I will be a little picky, but will be in a new role within a couple of weeks.Its a really weird time to be alive
>>60939843I am so excited. So many people are going to be fucked. Dont listen to people saying their job is safe or ai isnt hype. Those are people defensive about their jobs. You can literally google something like “will accounting be replaced by ai” and there are many forums where accountants brag and say no and articles saying no, but that is only so the current ones dont quit. Accountants are one of the most defensive people atm next to those working in law and doctors. They are probably the most defensive because it takes so many years to get into that profession. lmaoo
>>60939895Yeah we are only at the first 10-25% of ai so far.
>>60939901Man you are absolutely obsessed. Did an accountant fuck your wife or something?
>>60939924Huh?
>>60939939Lmao you know you're that faggot.
I’ve seen several companies lay off a ton of operational roles. A lot of people think “AI replacement” means some extreme scenario where AI just runs everything on its own, but that’s not what’s happening. In reality, companies cut large groups of operational teams, like finance staff doing repetitive tasks and then bring in an outsourcing firm with a cheaper workforce running on an AI driven model. It ends up being more efficient (and way cheaper) than keeping someone who’s been around 15+ years and calls themselves “senior” just because they’ve been in the company forever.
>>60939943What are you talking about? Wtf?
>>60939943You haven’t replied to anything in my post at all. What are you talking about?
>>60939944We are just getting started. And public ai and what is kept behind the scenes, like the secret stuff to win the ai race is behind closed doors. Whatever ai we have now, you can expect it is at least 5x better but kept secret.
>>60939910Yeah true, so make hay while the sunshines m80.
>>60939727Turns out that hiring infinity black women wasn't the massive boon they thought it was going to be.
>>60939901You have singlehandedly made me hate accountants with a white hot passion. Get recked, faggot.
>>60939843AI is replacing drone work, which is the vast majority of every single industry. A phD will be worth a fuck of a lot more than what it is currently across the board. Even though they are being handed out like candy. Counter intuitively, creative fields will become a lot more creative as the vast majority of creative fields are repetitive drone labor that is currently being phased out with AI. Example: The field of genetics as the vast majority of it is just diagnostic labs and all of that can quite literally be done by robots and AI. Watch out for when geneticists start kvetching that they're being laid off.
Very interesting development. The truth is most major corps always had at least 50% useless people (mostly office women) that did absolutely nothing productive. Now with the wake of AI bosses greed kicked in and they are in the process of "automating" these jobs and it seems to them it all works so well when in reality AI is shit and the only thing thats happening is that you just let go daycare adult jobs that never amounted to anything anyway
>"It's AI! They're all replacing humans with AI!"It's actually worse. All of these major tech companies are doing mass layoffs WHILE putting in new applications for H1B visa workers (in the tens of thousands). So no, we're even getting replaced with AI. We're getting replaced by jeets that will use the AI instead.
>>60939886It is starting to show in the data.. In the case of AI taking over jobs, what industries would one expect to be the first on the chopping block? Who would you expect to be the first demographic to fall i.e. veterans in the field or newbies?You look at young people employment across industries and you see employment in software development and marketing is cratering, for people with more experience in this field it is increasing.So far these fields are the only one where you are seeing this gap in employment across "experience".To me this suggest that older more experienced workers are instead of using college graduated in entry levels positions as assistance, are using AI as assistance.
>>60942261Here is another chart..Healthcare and manufacturing (production) - unimpacted by the advances of AI, as one would expect.. But marketing, write a product description? previous entry level job are being replaced by AI.
>>60939843>n to peopl>>60939863>>60939886>>60939895>>60939901companies are laying off first and then trying to "do AI" after that to that's what is making it a bubble. they're lying as much as legally possible in investor relations calls on how much AI expertise or usefulness they are actually getting.The temporary stopgap is going to be brazil/india/eastern europe tho. if AI was so good, indians and all these other randos would be out of the loop too, but they're not for some reason.I saw this from the inside myself.
>>60940115>Turns out that hiring infinity black women wasn't the massive boon they thought it was going to be.this just set us up for an even harsher and distorted peak and fall. yep>>60942092>The field of genetics as the vast majority of it is just diagnostic labs and all of that can quite literally be done by robots and AI. Watch out for when geneticists start kvetching that they're being laid off.my sister is a lab monkey biochem PHD at Duke. luckily she has a rich husband now.
AI is used to make my gay furry porn. What "work" is it doing at a shoe company?
>>60943176Also making gay furry porn.
They're outsourcing the jobs to India/Asia
>>60939843Companies read David Graebers seminal work "Bullshit Jobs" and started inventing reasons to fire people.
>>60943182@grok is this shoe?
>>60939727>more layoffs and unemployment>S&P500 at all time high>bUt We ArEnT iN a ReCeSsIoN
>>60939727Tariffs raised the price of feedstocks at the same time they made US products less competitive and less desired on the global markets. also the largest employer in the US laid off 10% of its employees and then deported a significant fraction of US labor and consumers. Incidentally crippling agriculture, construction, and service industries at the same time as reducing domestic demand for their products.so yeah, people are going to get laid off and companies are going to go bankrupt. Buckle up. Conservatives thought everything was fine when the damage hasn't even really started yet. This is just what happens when you let retards elect one of their own to run the country. It's all very obvious and extremely predictable.
>>60945398i think much of trumps remainder presidency is going to be absolutely shit economically unless you are in the top 1% or h1b. there is no way a storm doesnt happen next year with all of the bullshit that is currently unfolding thanks to tariffs/ai
>>60942261I have no idea what the Y axis is supposed to mean.
>>60939727A bad economy forces delusional people to face reality. Companies massively over-hired to signal growth. When the economy gets bad, companies start to look at themselves and think, "Hmm maybe we don't need 1000 engineers to work on a single web page." This is what is happening now.>>60939799Genuinely retarded post. You only get your information from sensationalist headlines.
In fact, the corporate bloat is so bad that I think the current layoffs don't even scratch the surface of what's needed to get back to normal rational numbers. Way more layoffs can and probably will happen.
>>60939843AI is just an excuse. The actual reason why they're firing so many people across various industries is because the economy is dying. AI isn't "replacing workers," that's just a bit to deceive stockholders and the general public.
>>60939727Who does Nike even hire stateside, besides retail wagecels?
>>60939735If everyone loses their jobs who buys the products driving profits? Other AI? Who backfills the lost tax revenue?
>>60943176Nothing, the truth is that it's not AI behind this.
>>60939803>>60939843It's not. It will probably become apparent in a few months.
>>60949888lol yeah I don’t get it
>>60943176>>60943182>>60945367I love this place
>>60939727It's even happening in Australia, we had at least big banks sack hundreds of staff in the last two weeks (but opening """international""" support in India).Time to dive into a safe haven
>>60949888as long as the population keeps increasing we're fine
>>60942261All the easy "intern" jobs are now being replaced by AI. Interns probably just bring the coffee these days.
>>60939901>>60939939>>60939947>>60939953>>60939959hi OCPD namefag. are you posting behind your leto furfag child pornography private VPN again?
https://web.archive.org/web/20250818145714mp_/https://nanda.media.mit.edu/ai_report_2025.pdf>AI is totally replacing workers, trust me bro!>95% zero returns
>>60939727Employee Retention Credit (ERC)The ERC is a refundable payroll tax credit for eligible businesses that paid qualified wages during the pandemic. Credit details: Purpose: Unlike a loan, the ERC is a tax credit that reduces an employer's payroll taxes. It does not need to be repaid.Value: It provided a credit for a percentage of qualified wages paid to employees during 2020 and 2021.Eligibility: Eligibility requirements were based on experiencing a full or partial shutdown due to a government order or a significant decline in gross receipts.Deadlines to claim: The final deadlines for filing amended returns to claim the credit were:2020 wages: April 15, 2024 (now passed).2021 wages: April 15, 2025.
