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“If they keep replacing humans with robots, who will buy their products?”
As companies layoff tens of thousands, that means less cash to purchase. It’s an ouroboros (snake eating it’s own tail).
Companies fire employees. People don’t have money to purchase.
Chipotle failed to hit it’s projected sales (for the 3rd time this year), and the stock dropped 19%. That’s nearly 48% this year!
The CEO said there’s been a “massive pullback” in spending from households with incomes under $100k. There’s other factors at play also like new CEO, inflation, inconsistency.
The reality remains, short term pain is ahead.
Despite short term turmoil, I remain optimistic about the future.
For men that apply ourselves, learn new skills, stay flexible, financially literate, relationship driven…
Opportunities will be presented.
The question is, will you be ready when the opportunity strikes?
CHALLENGE: Call someone you respect, but haven’t spoke to in awhile.
Guys, relationships are going to matter more than ever before. Knowing someone increases your chance at a getting hired by 400%.
Pick up the phone TODAY.
-Mark
Amazon Cutting 30,000 Corporate Jobs
Amazon is removing 30,000 office jobs to lower costs and expand its use of automation.
Departments like HR, marketing, services, operations and data management are being replaced with AI tools and robotics
The company says these changes will improve productivity and allow fewer employees to handle larger workloads.
The Update:
If your job depends on sending emails, collecting data, or organizing meetings, ask yourself what makes you different from software that does it faster.
What new skill can you learn this month that makes you impossible to replace?
PROMPT AWARENESS
Upload your last three performance reviews or project summaries into ChatGPT.
PROMPT: “Show me which of my skills will still matter when my job becomes automated. Then suggest three modern roles where these strengths are in demand.”
This helps you see what stays valuable when everything else is changing. It shows where to move before someone else takes that position.
UPS Cut 48,000 Jobs This Year
UPS has eliminated about 48,000 positions across delivery and warehouse teams.
AI systems now plan routes, schedule trucks, and predict maintenance before breakdowns happen.
Leaders claim the company can move more packages with fewer people. Workers on the floor say the pace is faster, but the headcount is smaller.
The Update:
When AI starts managing the workflow, the only safe spot is the one running the system.
If you lost your position today, what would your next move be?
Do you have any emergency fund?
Do you have people to call?
Do you have a side hustle that generates income?
Chipotle Stock Down 19%
UPS Fires 48,000 People
Amazon Fires 30,000 Employees
Applied Materials Laying Off 1,400
Applied Materials, one of the biggest names in semiconductor manufacturing, is cutting 1,400 jobs as it automates more factory processes.
The company’s new AI systems handle precision control, quality checks, and production speed.
Leaders say fewer people are needed now that machines can handle repetitive work around the clock.
The Update:
Factories are changing from muscle to mind.
Will you be the man who understands how to run the robots or the one waiting to be replaced by them?
Most Americans have less than $1,000 saved.
Nearly half have never owned a single share of stock.
Robinhood makes investing possible for anyone with a phone.
You can buy fractional shares of companies like Apple or Tesla starting at one dollar.
Meta Removes 600 Roles
Meta Platforms has cut 600 positions in its AI and infrastructure teams.
These roles include analysts, project coordinators, and administrators whose jobs are now supported by AI programs.
At the same time, Meta is hiring hundreds of engineers and researchers who can build and train advanced AI models.
The Update:
Every company wants fewer helpers and more builders.
Is AI impacting your current job role? What % of your tasks are assisted or replaced with AI?
PS: Not sure? Ask Chat GPT about AI use in your industry
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Quick Hits
• The Adecco Group and Microsoft launched a free global AI training program that helps jobseekers build tech and digital skills.
• A Lyft executive said self-driving vehicles could give drivers ownership and management opportunities instead of removing them from work.
• GM, Autodesk, and Vanguard are adding AI teams to improve design, engineering, and financial operations.
• Semiconductor and manufacturing companies continue to shrink their workforces as AI improves speed and accuracy in production.
“I trust God is in control, but I work like I am.”
Mark Savant
Sources
Amazon job cuts – Reuters
UPS layoffs – Newsweek
Applied Materials layoffs – Reuters
Meta AI job cuts – Reuters
Adecco and Microsoft program – Microsoft Source
Lyft robotaxi story – Business Insider
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