Posted on 11/11/2025 6:31:56 PM PST by RomanSoldier19
Job cuts made last month are up 175% from cuts announced in October 2024, layoff data analysis from Challenger, Gray & Christmas indicated. Compare 55,597 job cuts last year to 153,074 job cuts this year.
More alarming: In over two decades of Octobers, last month marked the highest rate of job cuts since 2003, when 171,874 cuts were recorded. This is also the highest single-month total in Q4 since 2008, researchers noted
(Excerpt) Read more at hrdive.com ...
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Great movie.
How many of those were directly related to the gov shutdown?
At the end when his ex wife is in the beautiful house and he is burying his dog in the front yard almost made me cry. Cripes us guys have to claw our way through life.
Oh no, you were not supposed to ask that question that quickly in this thread.
My favorite scene was the, “Did you know I built a bridge once?” scene.
Now, don’t be messing up the media narrative.
Laura Ingraham pretty much dismantled president Trump on his notion of bringing in 600,000 Yellow Peril insects.
America First.
Importing Chinese & Indians is pretty much the white collar version of sending factories to Mexico, then bringing in unemployed Mexicans to take the roofing, sheet rocking, concrete finishing and tree trimming work.
American jobs for Americans.
That’s MAGA.
Yes, and there is the end of summertime employment.
https://x.com/Barchart/status/1988438427902099736?s=20
Suspect number bumped by the presidents glorious firing of non essentials during shutdown...which is great!
AI - increasingly funded by debt.
The GenAI boom has certain parallels with the dot-com one. There is OpenAI – the cash incinerating startup driving the hype; debt-heavy infrastructure operators such as CoreWeave; and cash rich providers of customer financing – notably Nvidia and Oracle – to encourage those cash-burning startups to buy more of their picks and shovels..
To build data centers, infrastructure operators are borrowing more than $1 trillion, according to a recent Morgan Stanley study. This could end badly if the cash required to repay that debt is insufficient to cover interest payments.
Today’s GenAI boom could wipe out a significant amount of privately held equity value. While it does not appear a peak has been reached, the debt taken on to finance the building of AI data centers is expected to be even larger than it was during the dot-com boom.
Major tech companies pledged a record $320 billion in capital expenditures for 2025, Fortune wrote. That number is growing so much that capex is forecast to reach $2 trillion by 2028 – a whopping $1.5 trillion of which will come from various forms of debt, according to Morgan Stanley.
Meta, Amazon, and Microsoft generate massive cash flows. But the growth in debt to build AI data centers highlights the strain on their internal resources. The Morgan Stanley report suggests external financing, including high-cost private credit deals, is necessary to supplement their free cash flow.
Investors should note Oracle’s recent experience: the company is already losing $100 million quarterly on its data center rentals to OpenAI noted AInvest despite signing a $300 billion, five-year deal.. By the end of fiscal 2028, Oracle is forecast to burn nearly $29 billion in free cash flow, noted a Visible Alpha report featured by the Wall Street Journal.
If Oracle — a relatively disciplined operator— can’t make AI infrastructure profitable, who can?
There will be winners and losers.
ChatGPT by OpenAI is going to be a huge winner.
Others?
Layoffs up.
How many were deadwood Federal drones?
Whoever winds up buying Anthropic will be the winner.
no one A recent MIT Media Lab study found that 95% of generative AI pilot business projects were failing.https://mindmatters.ai/brief/at-fast-company-ai-is-not-the-cause-of-current-job-loss/#:~:text=A%20recent%20MIT%20Media%20Lab%20study%20found%20that,improvements%20in%20organizational%20efficiency%2C%20innovation%2C%20or%20work%20quality.%E2%80%9D
12000
Moderate increase in initial jobless claims
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