The quiet bloodbath that’s tearing through the middle-class and quickly turning the United States economy on its head
A cold wind of layoffs is sweeping America, nixing hundreds of thousands of tasks at Microsoft, Walmart, and other business titans. Experts blame a scary new phenomenon called ‘agentic.’
The recently jobless speak of a ‘bloodbath’ on the scale of the pandemic (this image was produced by AI) Glassy-eyed Patrick Lyons states he was chosen in an ’emotionless business decision’ by Microsoft Employers announced 220,000 job cuts by the end of February – the highest layoff rate because 2009 The markets have actually seen the future: AI investment funds are growing by as much as 60 percent a year. Luddites who don’t accept the tech ‘will be totally unimportant in the next 5 years,’ he posted on X. Procter & Gamble, which makes diapers, laundry detergent, and other family products, this week said it would cut 7,000 tasks, or about 15 percent of non-manufacturing functions. LA-based tech entrepreneur Jason Shafton stated the software application giant’s layoffs highlight a pattern ‘redefining’ the task market.
The newly out of work speak of a ‘bloodbath’ on the scale of the pandemic (this image was created by AI) Glassy-eyed Patrick Lyons says he was chosen in an ’emotionless business decision’ by Microsoft Employers revealed 220,000 task cuts by the end of February – the greatest layoff rate since 2009 The markets have seen the future: AI investment funds are growing by as much as 60 percent a year. Luddites who don’t embrace the tech ‘will be completely unimportant in the next five years,’ he posted on X. Procter & Gamble, which makes diapers, laundry detergent, and other family items, this week stated it would cut 7,000 tasks, or about 15 percent of non-manufacturing functions. LA-based tech business owner Jason Shafton stated the software application giant’s layoffs spotlight a pattern ‘redefining’ the job market. Ben Wolfson, a young Meta software application engineer, states entry-level software application tasks dried up in 2023. Others say AI is a scapegoat for 2025’s job cuts– that executives are downsizing for financial reasons, and blaming innovation so as not to worry shareholders.
