If Oracle and Microsoft crash and burn when the bubble pops, it would be absolutely amazing
post
Literally just siphoning wealth from society.
They must be cumming buckets once they realized journalists are gormless enough to blindly regurgitate their press releases about how these are AI driven job losses and totally not layoffs due to typical business fuckery.
The job losses are AI-driven, though. The upper management fucked around with pouring billions into AI and found out, and the people who had nothing to do with that decision get to pay for it.
Wouldn't/shouldn't investors see huge layoffs like this as a sign that the company isn't doing too hot? In a logical world the stock price should be plummeting right now... Oh they're down 25 % so far this year, so maybe it is.
This is a sign they know they're near the end. They're looting everything they can before the company crashes.

all 33 comments