“If you give corporations more massive tax cuts they’ll create more jobs,” is a myth created by corporations so you’ll support them getting more massive tax cuts.
Recent Layoff Announcements:
1. US Government: 307,000 employees
2. UPS: 78,000 employees
3. Amazon: 30,000 employees
4. Intel: 25,000 employees
5. Nissan: 20,000 employees
6. Nestle: 16,000 employees
7. Microsoft: 15,000 employees
8. Bosch: 13,000 employees
9. Dell: 12,000 employees
10. Verizon: 13,000 employees
11. Accenture: 11,000 employees
12. Ford: 11,000 employees
13. Novo Nordisk: 9,000 employees
14. Microsoft: 7,000 employees
15 PwC: 5,600 employees
16. Salesforce: 4,000 employees
17. IBM: 2,700 employees
18. American Airlines: 2,700 employees
19. Paramount: 2,000 employees
20. Target: 1,800 employees
21. General Motors: 1,500 employees
22. Applied Materials: 1,444 employees
23. Kroger: 1,000 employees
24. Meta: 1,000 employees
AI is officially replacing jobs at mass scale in the US.
Where will all of these people go?