edjr 6,730 Posted September 9 Quote U.S. employers have announced more than 892,000 job cuts so far in 2025, a figure that has already surpassed the 2024 total and is the highest since the COVID-19 pandemic in 2020. This trend is driven by factors including government cost-cutting, broader economic strain, and the increasing integration of artificial intelligence (AI). The technology, finance, and pharmaceutical sectors are particularly affected, while the overall labor market shows signs of stalling and increased uncertainty. Key Details Total Cuts:Over 892,000 job cuts have been announced year-to-date (through August 2025). Comparison to Prior Year:This is a 66% increase from the same period in 2024. Comparison to 2024:The 2025 total has already exceeded the 761,000 cuts for all of 2024. Historical Context:The last time job cuts were this high was during the pandemic-induced economic slowdowns of 2020. Things are looking up!!! Share this post Link to post Share on other sites
Grace Under Pressure 132 Posted September 9 MAGA doesn't care about this, or the fact that their cult leader is a disgusting child rapist. Share this post Link to post Share on other sites
thegeneral 3,392 Posted September 9 Greatest economy of all time Share this post Link to post Share on other sites
Cdub100 3,979 Posted September 9 https://www.reuters.com/world/us/us-job-growth-through-march-expected-be-revised-down-sharply-2025-09-09/ WASHINGTON, Sept 9 (Reuters) - The level of U.S. employment for the 12 months through March could be slashed by as many as one million jobs when the government publishes its preliminary nonfarm payrolls benchmark estimate on Tuesday, economists predicted. Once again, AI is coming for everyone's job. I'm going to keep saying it. Share this post Link to post Share on other sites
Ron_Artest 1,852 Posted September 9 The vibes have definitely turned in 2025. It's not good. 1 Share this post Link to post Share on other sites
jonnyutah 427 Posted September 9 Does this count government jobs and deported people? If yes, that was pretty much the promise. Share this post Link to post Share on other sites
Hardcore troubadour 15,700 Posted September 9 31 minutes ago, jonnyutah said: Does this count government jobs and deported people? If yes, that was pretty much the promise. Many of them will be the revisions down from Biden. He really kicked in the bullshit last year. Share this post Link to post Share on other sites
TheNewGirl 1,576 Posted September 9 More are coming. I know my work is planning a lot in Q4. Share this post Link to post Share on other sites
Cdub100 3,979 Posted September 9 https://cointelegraph.com/news/coinbase-says-ai-writes-nearly-half-of-its-code Learn to code. Over 40% of Coinbase’s code is written by artificial intelligence, according to CEO Brian Armstrong, who hopes the figure will rise to 50% by next month. Share this post Link to post Share on other sites
seafoam1 3,244 Posted September 9 1 hour ago, Grace Under Pressure said: MAGA doesn't care about this, or the fact that their cult leader is a disgusting child rapist. Poor princess rusty. I guess this explains why you've been out of work since the 1980s. Share this post Link to post Share on other sites
thegeneral 3,392 Posted September 9 Hardcore Whineador working overtime this morning whatabouting Share this post Link to post Share on other sites
The Real timschochet 7,118 Posted September 9 How do we strengthen the economy? 1. Free trade. 2. Open immigration. Exactly the opposite of what we’re doing. Share this post Link to post Share on other sites
TheNewGirl 1,576 Posted September 9 1 minute ago, The Real timschochet said: How do we strengthen the economy? 1. Free trade. 2. Open immigration. Exactly the opposite of what we’re doing. These two things have absolutely nothing to do with why my work specifically is laying off people. Share this post Link to post Share on other sites
TimHauck 3,116 Posted September 9 @edjr been rooting for a recession since 2018, what a POS 1 Share this post Link to post Share on other sites
TimHauck 3,116 Posted September 9 3 minutes ago, TheNewGirl said: These two things have absolutely nothing to do with why my work specifically is laying off people. Why do you think they’re laying off people? Share this post Link to post Share on other sites
HellToupee 2,003 Posted September 9 There were a lot of bad hombres removed from the workforce and AI is starting to do a number. If CEOs can save even a small amount over labor they will unfortunately cut the worker. This will be a bloodbath in a couple of years Share this post Link to post Share on other sites
The Real timschochet 7,118 Posted September 9 3 minutes ago, TheNewGirl said: These two things have absolutely nothing to do with why my work specifically is laying off people. Maybe not but they are the solution to improving the overall economy. Share this post Link to post Share on other sites
Sandy Loam 291 Posted September 9 6 minutes ago, TheNewGirl said: These two things have absolutely nothing to do with why my work specifically is laying off people. Why specifically is your work laying off people? Share this post Link to post Share on other sites
TheNewGirl 1,576 Posted September 9 22 minutes ago, Sandy Loam said: Why specifically is your work laying off people? Cutting back workforce in general. Getting rid of all remote workers; either having them return to the office or be laid off. You're given 5 locations that you can move or commute to, sometimes with a relocation package, sometimes not. Hiring in other countries (outsourcing); my company has a goal of having 60% of our team members be in India. So, they are laying off USA workers and hiring in other countries, they aren't hiring immigrants here. Also a lot of AI and machine learning. Share this post Link to post Share on other sites
Sandy Loam 291 Posted September 9 11 minutes ago, TheNewGirl said: Cutting back workforce in general. Getting rid of all remote workers; either having them return to the office or be laid off. You're given 5 locations that you can move or commute to, sometimes with a relocation package, sometimes not. Hiring in other countries (outsourcing); my company has a goal of having 60% of our team members be in India. So, they are laying off USA workers and hiring in other countries, they aren't hiring immigrants here. Also a lot of AI and machine learning. You've expressed little in the way of happiness regarding this employment over this years. Have you thought about finding employment elsewhere? Share this post Link to post Share on other sites
Sandy Loam 291 Posted September 9 https://abcnews.go.com/Business/us-economy-added-911000-fewer-jobs-previously-reported/story?id=125394153 Trump's America. 1 Share this post Link to post Share on other sites
Ron_Artest 1,852 Posted September 9 Just now, Sandy Loam said: https://abcnews.go.com/Business/us-economy-added-911000-fewer-jobs-previously-reported/story?id=125394153 Trump's America. Actually rusty those were jobs under Biden Share this post Link to post Share on other sites
Sandy Loam 291 Posted September 9 Two top Trump financial experts almost come to blows. https://www.yahoo.com/finance/news/why-near-fistfight-maga-nightspot-040008864.html Share this post Link to post Share on other sites
Sandy Loam 291 Posted September 9 7 minutes ago, Ron_Artest said: Actually rusty those were jobs under Biden Those numbers include January, February and March of this year. It's all Trump's fault. Share this post Link to post Share on other sites
TheNewGirl 1,576 Posted September 9 11 minutes ago, Sandy Loam said: You've expressed little in the way of happiness regarding this employment over this years. Have you thought about finding employment elsewhere? I am going to have to in Q4! My thing is that I've been with them for 31 years. Would hav been nice to retire here, but it is what it is. Share this post Link to post Share on other sites
weepaws 3,251 Posted September 9 Losing, criminal trump destroying America 1 Share this post Link to post Share on other sites
Hardcore troubadour 15,700 Posted September 9 9 minutes ago, Sandy Loam said: Those numbers include January, February and March of this year. It's all Trump's fault. I was told by either Rusty Syringes or Pimpadeux a few years ago that the first year of a president’s economy is just an extension of his predecessor. We’re not doing that anymore? Share this post Link to post Share on other sites
Sandy Loam 291 Posted September 9 13 minutes ago, Hardcore troubadour said: I was told by either Rusty Syringes or Pimpadeux a few years ago that the first year of a president’s economy is just an extension of his predecessor. We’re not doing that anymore? No, we're not doing that anymore. 1 Share this post Link to post Share on other sites
Sandy Loam 291 Posted September 9 23 minutes ago, TheNewGirl said: I am going to have to in Q4! My thing is that I've been with them for 31 years. Would hav been nice to retire here, but it is what it is. Dang, that's a long time. The longest I've ever been with a company is this one for 11 years, and I prolly won't ever retire thanks to combination of luck and busting my ass to amass a book of bidness of more than 1,500 clients. Just the expiring term policies and moving around investment stuff with the clients I have will keep me busy for a decade. 1 Share this post Link to post Share on other sites
HellToupee 2,003 Posted September 9 8 minutes ago, Sandy Loam said: The longest I've ever been with a company is this one for 11 years, and I prolly won't ever retire That sucks . I graduated from college and had 2 employers and took an early retirement. Share this post Link to post Share on other sites
thegeneral 3,392 Posted September 9 49 minutes ago, Sandy Loam said: Two top Trump financial experts almost come to blows. https://www.yahoo.com/finance/news/why-near-fistfight-maga-nightspot-040008864.html That dude was the one who allegedly punched Elon too. We know he’s the top in his relationship. NTTAWWT Share this post Link to post Share on other sites
jonnyutah 427 Posted September 9 "You know those government jobs you guys wanted to cut and those people you want deported! Yeah well thats happening! We got you now suckas!" -libs Share this post Link to post Share on other sites
jonnyutah 427 Posted September 9 50 minutes ago, Sandy Loam said: Two top Trump financial experts almost come to blows. https://www.yahoo.com/finance/news/why-near-fistfight-maga-nightspot-040008864.html One anonymous person and four anonymous people that were told the story by the aforementioned anonymous person are the sources. Quality reporting, lol. 1 Share this post Link to post Share on other sites
Hardcore troubadour 15,700 Posted September 9 1 hour ago, jonnyutah said: One anonymous person and four anonymous people that were told the story by the aforementioned anonymous person are the sources. Quality reporting, lol. They don’t call him scoop for nothing. Share this post Link to post Share on other sites
Sean Mooney 2,014 Posted September 9 Idiot wants to try and say the first Trump year is Biden's even though Trump quickly did a bunch of things through executive orders. Share this post Link to post Share on other sites
Sean Mooney 2,014 Posted September 9 3 hours ago, Cdub100 said: https://cointelegraph.com/news/coinbase-says-ai-writes-nearly-half-of-its-code Learn to code. Over 40% of Coinbase’s code is written by artificial intelligence, according to CEO Brian Armstrong, who hopes the figure will rise to 50% by next month. AI is the new undocumented workers Share this post Link to post Share on other sites
Sandy Loam 291 Posted September 9 1 hour ago, HellToupee said: That sucks . I graduated from college and had 2 employers and took an early retirement. Not really. I like what I do. No boss. No set hours. Unlimited vacation time. Work from anywhere. Make as much money as I want. Work 20-25 hours a week. This almost feels like retirement. No reason to stop. Share this post Link to post Share on other sites
Sandy Loam 291 Posted September 9 14 minutes ago, Sean Mooney said: Idiot wants to try and say the first Trump year is Biden's even though Trump quickly did a bunch of things through executive orders. That and tariffs, tariffs, tariffs. Share this post Link to post Share on other sites