r/technology • u/DontFearTheCreaper • 1d 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 1d ago

Those upcoming stock buybacks are going to be dirt cheap

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u/sum1sedate-me 1d 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/Iseenoghosts 15h ago

What you think they've been doing the last two years. Layoffs and record profits. They're all sitting on mountains of cash. If you think they're losing rn you're wrong. This is a colossal win.