@rbreich

Amazon, UPS, and Intel are conducting layoffs for very specific reasons.

To cut fixed costs, like payroll, so they can cater to Wall Street demanding AI adoption, despite its very high failure rate.

This may be a first.

Hiding catastrophic losses on a doomed-to-failure speculative initiative like AI, just because the people who own or buy your stock have ordered an energy hog be placed on your books.
Or else.

Dumb.
https://www.nbcnews.com/business/business-news/tens-thousands-layoffs-are-blamed-ai-are-companies-actually-getting-rcna240221

https://financialpost.com/pmn/business-pmn/power-stocks-stumble-as-investors-see-cracks-in-ai-fueled-rally

@k1000 @rbreich

More & more the AI stock market bubble resembles a mafia extortion scheme.

It's not the 1st time the stock markets have ordered layoffs to cover losses in profitable companies, after they took #PrinceBonesaw's investment money.

Google & Chris Hohn
https://www.cnbc.com/2018/04/07/heres-a-look-at-who.html

https://www.thenation.com/article/society/wall-street-mbs-saudi-al-rumayyan/

https://www.sfgate.com/tech/article/billionaire-hohn-more-google-layoffs-17736530.php

https://www.inc.com/nick-hobson/britains-richest-man-pays-himself-2-million-a-day-so-why-is-he-going-after-overpaid-googlers.html

Companies forced to adopt money-losing AI initiatives, then ordered to do mass layoffs to cover those losses...

1/

2/

... & to make the stock market happy.

This is the part where they burn down the restaurant & cover their tracks

Amazon
Bezos doing business with #PrinceBonesaw
https://www.theverge.com/amazon/667916/jeff-bezos-amazon-saudi-arabia-jamal-khashoggi

https://www.theguardian.com/technology/2020/jan/21/amazon-boss-jeff-bezoss-phone-hacked-by-saudi-crown-prince

Intel overlooking #ETTD, "Everything Trump Touches Dies"
https://www.cbc.ca/news/business/us-lutnick-defence-industry-intel-1.7617783

https://www.aljazeera.com/economy/2025/8/28/intel-receives-5-7bn-as-trump-administration-buys-10-percent-stake

https://www.politico.eu/article/cia-chief-john-ratcliffe-quietly-meets-eu-officials-to-soothe-us-intel-sharing-fears/

Spyware embedded in chips, just like Huawei's

Yes, it's socialism, national socialism.
https://www.usatoday.com/story/opinion/columnist/2025/09/06/trump-intel-deal-socialism-republicans/85878440007/

https://www.wired.com/story/intel-earnings-chips-semiconductors-investment/