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/andrewskdr 20h ago

Those upcoming stock buybacks are going to be dirt cheap

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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/greiton 19h ago

planning? the tech layoffs happened before the election. they all raised record amounts of capital liquidity in preparation of this. why was no one asking the reason for layoffs despite record profits? the grift has been running for over a year now.