r/technology • u/DontFearTheCreaper • 20h ago

Social Media Tech CEOs who grinned behind Trump at inauguration lose billions in wake of tariffs

https://www.independent.co.uk/news/world/americas/us-politics/trump-tariff-bezos-musk-zuckerberg-b2727147.html
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u/sum1sedate-me 20h ago

Oh yea. I bet they’re planning on layoffs as we speak to get some liquidity and then do stock buy backs. They never end up the butt of the joke, we do.

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u/gizamo 20h ago

Trump will probably throw money at the companies he deems loyal. They'll use that money for buy backs, too.

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u/Traditional-Hat-952 20h ago

Or give them tariff exclusions. 

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u/gizamo 20h ago

Yeah, tariffs really are the ultimate mob boss tactic.