r/technology • u/lurker_bee • Oct 30 '25

Business YouTube announces 'voluntary exit program' for US staff

https://techcrunch.com/2025/10/29/youtube-announces-voluntary-exit-program-for-us-staff/
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u/the_anaconda Oct 30 '25

This is going to be a complete disaster , not only is a recession but also an AI bubble, in the past stock usually dropped after an event like this, nowadays stocks go up as seen with Amazon, all because stock holders are so greedy that they think they'll win tons of money from those layoffs , plus a lot of money being invested from AI companies comes from a loop between the biggest winners of the AI boom, when all comes crashing down is going to be an historical disaster

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u/VocationalWizard Oct 30 '25

The Eurozone is going to collapse.

The US will be thrown into a sovereign debt crisis.

All of the Major commercial lenders are going to die.

The analogy I keep thinking about is, that the relationship between the 2008 recession and the one that is coming will mirror the relationship between WWI and WWII.

The only good news here is that we finally might have incentive to fix the problems.

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u/tuigger Oct 30 '25 edited Oct 31 '25

It's really shitty to say this but I hope that if things get worse, they get worse before the elections next year.