
Rebel Capitalist News WARNING: Huge Corporate Layoffs Just Announced (What You Need To Know)
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Oct 24, 2025 Prepare for a deep dive into the wave of corporate layoffs hitting major players like Meta and Target, as rising CapEx and profitability concerns take center stage. Explore the unexpected fallout from Rivian's struggles and the realities of AI spending, which isn't yielding quick returns despite the hype. Discover the alarming resurgence of subprime consumer issues, highlighted by PrimaLend's bankruptcy. As the jobs market shows signs of strain, gain insights on protecting your wealth in these turbulent times.
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AI Mania Vs Profit Reality
- George Gammon argues AI mania props up markets but lacks clear near-term profitability.
- He warns heavy AI CapEx and rapid depreciation make current spending unsustainable.
Rising Expenses Signal Overheated Story
- Gammon highlights insiders selling tech shares and rising AI expenses as warning signs.
- He says continued expense growth without profit signals the story outran economic reality.
Rivian Example Of Mania Outpacing Demand
- George recounts Rivian's layoffs and EV demand falling short of lofty expectations.
- He compares EV mania to AI mania: real technology but hype accelerated share prices prematurely.
