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Originally Posted by OneHungLo
So record stock profits are from cutting jobs? Are you even serious? What companies are booking massive profits by cutting jobs? list them.
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Companies that are replacing those jobs/workers with robots.
Walmart announced not too long ago they were cutting 7,000 jobs due to automation.
Electronics company Foxconn has cut around 60,000 jobs and replaced them with robots.
There are estimates that between now and 2020 around 5 million jobs will be replaced by robots.