Morning Brew Daily CEOs Cut Workforces & World's Biggest Illegal Sports Streaming Site Shut Down
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Sep 4, 2025 Explore the trend of CEOs laying off employees for AI efficiencies and the cultural shift in corporate hiring. Discover the world's biggest illegal sports streaming site being shut down and the implications for legitimate services. Learn about Amazon's lenient stance on password sharing and how it compares to competitors. Unpack the public's mixed feelings about the economy and their perceptions of upward mobility amidst rising dissatisfaction.
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Cutting Staff Is Marketed As Strength
- CEOs now publicly brag about cutting headcount as a sign of efficiency rather than hide it with euphemisms.
- The market rewards companies that replace roles with AI or avoid backfilling, shifting hiring signals in capitalism.
AI Replacing Entry Roles Harms New Grads
- Corporate AI product marketing influences public statements about layoffs and efficiency.
- Studies show recent grads face a 16% drop in employment as companies avoid rehiring and automate roles.
Middle Management Is Being Sidelined
- Middle managers are being cut as companies flatten structures and claim inefficiency of layers.
- Firms like Google and Meta have pared managerial ranks as part of a broader drive for leaner organizations.
