Recent Layoff Announcements:
— The Kobeissi Letter (@KobeissiLetter) October 28, 2025
1. UPS: 48,000 employees
2. Amazon: Up to 30,000 employees
3. Intel: 24,000 employees
4. Nestle: 16,000 employees
5. Accenture: 11,000 employees
6. Ford: 11,000 employees
7. Novo Nordisk: 9,000 employees
8. Microsoft: 7,000 employees
9. PwC: 5,600…
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7 responses to “Layoffs”
Government STEALS 50% of America’s wealth and then STEALS more through inflation. Every company is under those pressures and the PRESSURES from Wall Street who is also trying to stay ahead of inflation/government theft. AS ALWAYS, THE PROBLEM IS GOVERNMENT.
^^^THIS!^^^
I worked for publicly traded companies for 2/3 of my career, last 1/3 as a consultant working with large companies. Nearly all leaders and managers naturally avoid dealing with being over staffed until some outside force causes them to ‘right size’. My way of thinking, this approach is immoral.
These 161,600 employees had their personal lives turned upside-down due to poor leadership and management. I bet the stocks of some of these companies went up.
How many of these layoffs are the result of economic pressures vs jobs being replaced by AI?
You think the push for automation, AI, etc was NOT about the economic pressures I mentioned along with others?
A HUGE reason behind the push for AI is simple greed.
And some random judge says Trump can’t fire 4000 worthless government types. Clown world.