nixCraft 🐧Jan 28

ASML firing 1700 people, mostly managers https://www.asml.com/en/news/press-releases/2026/strengthening-focus-on-engineering-and-innovation ( https://www.ed.nl/binnenland/asml-kondigt-1700-ontslagen-aan-maar-boekt-ook-recordomzet~a04807f1/ ). Almost all of these positions are in US and Netherlands office.

Amazon firing 16000 soon (affecting AWS and other positions). Almost all of these positions are Amazon India office https://finance.yahoo.com/news/amazon-fires-30-000-ai-141502845.html

Amazon CEO ​Andy Jassy later told the reduction was "not really ‌financially or AI-driven." Rather, he said, "it’s culture".

ASML Statement on Strengthening Focus on Engineering and Innovation

ASML
Show threadnixCraft 🐧

if it is not a financial issue, then why fire so many people? LOL.

They changed their tone recently. Instead of telling the press AI has resulted in job loss, now they are saying those people were not "culturally" fit. They are doing this because AI is getting bad and negative press, and it bothers them when social media tags their CEOs and company handles, or reputed media shows how big tech is replacing tech workers with AI. So they changed the narration to keep stock UP! That is what I think

Jan 28 at 9:28amWeb
Show threadDaniël Franke Jan 28

@nixCraft layoffs are always good for stock prices, because investors don't care about the human cost, they care about their own wallet.

The excuses are just to keep the temperature down, because if the temp rises too much, they'll get luigi'd.

Show threadԎєηυкι, 手抜き🚀🐧♏ 🔭 ⚫⚪Jan 28
@nixCraft
Well roared , Lion 😜
Show threadMatt LaceyJan 28
@nixCraft I wonder if said workers were actually the ones providing/guiding the "AI"
Show threaddecapitaeJan 28
@nixCraft Ah capitalistfascist CEO's rather $$ than workers quality of life - are people catching on yet?
Show threadDecebalTheThracianJan 30
@nixCraft could be because the trump regime does not like vrown people or people that hire brown people.