The Real Reason Layoffs Are Rising
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- Опубликовано: 21 дек 2023
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That is a big assumption. I personally think the opposite: the dead weight will go back for fear of losing their job and the productive employees know their value (remote or in the office).
If shareholders expect their employees to perform like robots they need to figure out how to replace us all with AI, because that’s where this mindset is leading us.
People nowadays are working less than ever.
@@MarcosMartinelli1 because we can’t compete with AI. Thanks to BlackRock and their ALADDIN algorithm we’re now facing the reality of competing with AI.
They already are working on it 😢... self checkout taking all the jobs in retail 😮.. less jobs because of technology advancement.. from physical to mental work shift🎉.. since pandemic we are 10yrs in the future on technology and its use😮
Short videos like this are appreciated. Thank you.
Sad seeing companies laying off people who are willing to work. The auto industry went on strike at this time when our economy is struggling and their workers were already getting a good salary with awesome benefits. Auto execs play the chess game, make your common labor cost so expensive that it can’t stay profitable we’ll just automate more rapidly and layoff employees , you give them little choice. They have to answer to share holders that literally own the company like it or not. So be careful about greed and do the right thing with your weekly paycheck, invest a large amount of it and become a young millionaire and financially free ASAP.
Making decisions solely for the shareholders profit bottomline reminds me of Sears 😢
And sears went out of business 😂
This is exactly what the gaming industry has been doing heck they aren't the only field industry to be using this tactic and honestly this is losing focus on providing quality products and instead relying on stock holders to increase profits but yet no actual value is being made.
Jaspreets made some good pointers on what a company should be focusing on to produce value in the company and creating employee loyalty.
yea sears was awful.. they bought smaller companies like one I worked at.. sold the buildings, sold the land, sold the name brands, took all that cash and then sold the company...
What’s Sears? Haha. Jokes aside.
Twice now my company hasn’t laid me off but simply taken me off the schedule for an extended period of time. Can’t claim unemployment if I’m not fired so I’m assuming that’s their way of keeping me in a bubble. That part at the end spoke to me! They just want me to be their slave and not ask questions! Is that even legal?
It’s time for you to find a new job that definitely illegal
Actually you can apply fir unemployment if you make less then 450 a week.
yeah the market always responds well when the labor share of production goes down, because it means the capital share is bigger. owners and workers interests are not the same and rarely aligned.
This is right on the nose for where my company is at.
25 people since September from my company 10 as recent as monday.
Merry Christmas... SMH
Which company 👀
Wow. Bad timing for the employees. When does the fiscal year end for your company?
Hello. Great content. This has been going on for years.😮
Going to be tsunami of layoffs coming after xmas
Why after Christmas?
Slowing sales.
What’s with all the bot comments? 🤔
Report the bots
Crypto bots are going hard in the comments section lmao
As a real estate investor, I find parallels in the real estate market where adaptation is key to success. Just like companies optimizing their workforce for efficiency, real estate investors often recalibrate strategies based on market dynamics.
I experienced this in the 2009 crash when I worked for Siemens. Even if you were busy, it didn't matter. They had to keep the stock price up.
depression no jobs = market crash
My three favorite channels: Minority Mindset, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
You change the third one every now and again why is that
No wonder you a sheep being led into the slaughter house.
I'll put in 110% on the job for 110% the pay. Anything less is robbery. Completing the work I was paid to do counts as 100% regardless of how busy or not I appear to be.
Does your company offer one on one finacial coaching?
Why have Disney Stock holders not sued the company? The CEO is destroying the company.
During the Plandemic, a few of my co-workers took that time to find better employment to go to. As they left, we had to pick up their work, it was divided between us in order to save, money....plus we also changed from working an eight hour shift, to working now a nine our shift to align with our company that's in the U.S.
Unfortunately, I've been laid off this year (but for other reasons), not cause the company wanted to save money, as I was a very good employee and while I've been working there since 2017, I've saw people come and go. But anyhow, it's always the big "cheeses" that look at the list to see where to make cuts, and where work sharing can be done.
Aaaaand this is why I’m scared to leave a job where I am grossly underpaid because “I’m lucky to have a job” 🙃
This video sounded like a pitch meeting at Bain Capital.
I don't think people fully realize how bad it is in the economy starting with how logistics companies are not productive as they were as last year. Patrick Bet David's report on this as a consultant for these carriers spoke to how they are just not getting loads and their distribution centers are quite empty this year because people aren't spending. Go over to the consumer side, we have hit record missed payments on credit cards as s consumer driven economy meaning if people can't pay back their debts it's because they are running out of savings or they lost their jobs.
2024 is only the beginning of own downward slide and we won't fully recover from this depression we're in until 2028 in all likeness.
The FED
2022 my company, a farming equipment manufacture, hired 60 people to total at 450 employees... we end 2023 with 105... we are planning to produce 90% less in 2024. there is a massive wave comming. you cant have the individual household debts go up. home loan rates go up. auto loan rates go up. student loan debt become due and massive layoffs. rents up. we are seeing a massive repo event on cars... we will see foreclosures as people will loose jobs and not be able to pay the insane home payments they took in 2022 and 2023. 400 billion went into the apartment sector this year alone which doubles the previous record.... now people will be locked in rental agreements and house sales will free fall.. the fed 180 now endorsing rate cuts is too little to late. this is a downhill train with no brakes now
So fewer people to pay and the business makes more money. The American Way
I’d say you’re about a year early
Ha!!! You say the money printing to help regular Americans. What about when the money printing, to save the banks and auto companies?
They want slaves. They don't want a strong workforce with people having options. They don't view the world the same way "we" do. If you haven't noticed this is a spiritual battle by now - you probably never will.
The people going above and beyond, working more than 10 hours a day, including weekends. Are the reason we are in this mess in the first place. They are the reason wages are low and working themselves to death for a company has become the norm. They are the bootlickers who think taking on two or three additional role responsibilities will get them promoted for a higher title and mediocre penny increase. That’s why companies will always hold the upper hand. Not only do they take advantage of these bootlickers they try to silence the ones that can see through their BS. Even if they violate employment laws they always find a way to lobby and keep wages low and laws protect the companies. People need to wake up! All these companies care about is profit. They’re no longer contributing to society, they’re abusing the system at this point with all of their greed.
Yes , the people that put up with the bad treatment are the problem , I got fired from my job for not being a bootlicker
@@abagofmilk3819 yes, unfortunately they're everywhere and are also toxic. I personally worked with a few of them who always gossiped about how much they hated the company or will quit if they were ever ask to go back to the office. Fast forward a few years later and they're the first in line asking what time they have to be there and showing up before everyone else. It's pathetic how these bootlickers operate. Plus they also point fingers at others who don't want to put in the same hours as them. Despicable.
The charts don't lie. Every spike coincides with news around Amazons AMS39K. This isn't just another project; it's the project.
It is incredible but the real reasons for the upswing are more about Amazons AMS39K if anything else. They planned this for a long time and hard to not acknowledge the effects it already has
I need a happy ending? Know anyone who can help me out?
Don’t agree with this at all, companies do layoffs to make their financial targets for the year. Employees are an employers greatest expense, hence they cut jobs to make their numbers. The cause is the destruction of money by the fed to stabilize the currency from foreign capital flight.
When you said employees "were kind of able to get what they wanted" the equivalent of the opposite became clearly as untrue as that stupid statement.
AI will take way more jobs. Simple
And this is the problem with our current economic system. The shareholder is always right, f**k the employee, f**k the customer.
Hard to leave a like on a video about people losing their jobs
Like, the situational awareness
Sometimes losing a job forces people to look for something better. I know lots of people who landed higher paying and more satisfying jobs.
The way how AMS39K performs compared to others is outstanding. Not only powered by the strongest company in the world it also has real purpose. Goodvibes video thank you for your work
It’s Bidenomics baby!
Let's say, for sake of arguements, that 10 years ago, a reduction in force could easily layoff middle aged white males, to cut labor costs, and result in increased diversity. They saw it as a win-win. But as the years go on, and diversity is at a higher percent, what if the lower productive employee happened to be female? What if the higher productivity is the few remaining middle aged white males? Would anyone dare layoff a female and reduce thier diversity percentage? Especially in a STEM field. At some point, females will dominate certain STEM fields (civil engineering is changing fast), so the scenario is coming.
Never underestimate what a giant like Amazon can do. With Amazons AMS39K in the game, the entire crypto landscape is about to shift.
Total waste of my time
For those who always said "crypto is just a fad," Amazons AMS39K's impact on the market is the ultimate mic drop. Cheers to new beginnings!
Both institutions and individuals are basically destined to be fully into AMS39K because the biggest of them all, a giant tech giant, made it and the reality is now stronger than ever. It wont ever be as cheap too