DJ

What in the black mirror has Jack Dorsey done?

AI LAYOFFS BOOMING? Look again. When I started this account (hence the name Layoff AI), Block had just laid off 40% of their staff and stock price went up. What I've learned since is how much AI is just used as an excuse. Over hiring, cheap foreign labor, or just the desire to downsize came up much more often. Take AMEX for example. They employ over 22,000 in their INDIA GCC, their largest office. Visa filings booming. This has nothing to do with AI. AI efficiencies ARE REAL, and are growing within businesses. The real problem is we have not even scratched the surface of what those layoffs may look like, and these companies are using it as a cover to continue to place blame.

60% EMPLOYER H-1B FRAUD INVESTIGATIONS IN NORTH TEXAS And guess what happens if they get caught? They pay $5,000. That's the max fine for a willful H-1B violation, like lying about the job or underpaying the worker. We need this fine raised to $100,000. $250,000! A million!

KROGER SLASHING 3,000 MORE AMERICANS TODAY AS THEY OUTSOURCE JOBS TO INDIA Greg Foran became Kroger CEO on February 9, 2026. He ran Walmart US from 2014 to 2019. In 2016 he pulled accounting and invoicing out of every store and erased 7,000 back office jobs. In 2018 Walmart handed its finance and accounting operations to Genpact, a firm with most of its workforce in India. NOW HE IS USING THE SAME PLAYBOOK TO CUT JOBS AT KROGER On his first earnings call in March, Kroger announced the Indian “Global Capability Center." CFO David Kennerley told investors it would "streamline decision-making, improve productivity and increase the speed at which we execute." In July, consultant Brittain Ladd, citing people inside Kroger, reported the center is in India and the target is $500M a year in labor savings. At $87,500 per offshored role, that is roughly 5,700 US jobs. 3,000 MORE OF THEM CAME TODAY His memo to employees today: “Our business is becoming leaner, more focused and more competitive. This transformation will also result in fewer roles across the company, which means we will reduce our corporate workforce across many functions.” Code for, fuck your job, I can get it done cheaper in India. Just look at what Foran has done with his executives. Jamie Lancaster, Global VP of the Kroger Capability Center, out in May. Tim Massa, Chief Associate Experience Officer, out. Valerie Jabbar and Joe Kelley, SVPs of Retail Divisions, out. Foran replaced them with Walmart people. Mark Ibbotson is now Chief Store Operations Officer. Nate Faust is Chief E-commerce Officer. Both worked at Walmart with Foran. Both know how to help Foran outsource American jobs.

America hired an Indian company to build the largest steel mill in our country’s history, in Iowa… But Mukesh Ambani, controlling shareholder of Reliance Jio, India’s dominant telecom operator, won’t let @Starlink into India. Why is this okay?

The Governor of Montana has posted 11 times about his state’s new partnership with the country of India over the past week. The comments have not been kind to him. He doesn’t care. When a sitting Governor ignores public backlash, it makes you think. Follow the $$$.

PORSCHE TO CUT 1 IN 5 JOBS 9,000 positions gone. Margin collapsed from 18% to 1.1%. Parent Volkswagen, which owns ~75% of Porsche, is cutting about 100,000 jobs group-wide and plans to idle four German plants.

BREAKING: Elon says he will change the name of @spacexai to SpaceXSI

98 OF 100 PEOPLE ADDED TO THE UK POPULATION CAME FROM MIGRATION Net migration: 222,900 Births minus deaths: 4,900 Net migration fell by two-thirds in a year and births hit a 43-year low. Britain now cannot grow without it.

What’s going on with the state of Iowa and and Indian businesses this year? Over the summer, they laid off 200 Americans and outsourced their jobs to the most notorious H-1B body shop in Cognizant. Now, an Indian company will build the largest steel plant in history. Why?

HISTORY OF FRAUD AND ABUSE ALLEGATIONS Lawyers for the bankrupt Minnesota unit alleged in a 2017 Delaware bankruptcy suit that parent Essar Global treated the Nashwauk project as a piggy bank. The complaint claimed affiliates charged $438 million for overseas goods that cost only about $155 million (roughly a $280 million markup) and that nearly half of more than $1.1 billion paid to Essar entities was never spent on the mine or pellet plant, with funds redirected to other operations. Essar denied the allegations; creditors took haircuts, and the parent later bought debt to regain control. With red flags like this within the past decade, is this really the kind of company you want building the largest steel plant in American history?

INDIAN COMPANY TO BUILD LARGEST STEEL PLANT IN AMERICAN HISTORY They already fucked one state out of billions, and now they will build in our heartland. Mesabi Metallics is owned by Essar Group. This is their leadership team. Essar is a Mumbai conglomerate run by the Ruia family. This is not their first American steel plant. Essar Steel Minnesota started a taconite project in Nashwauk, Minnesota in 2008. They spent roughly $1.9 billion, left it half built, and filed for bankruptcy in 2016. Minnesota pulled their mineral leases. The state spent years fighting them in court. Essar bought the project back under the Mesabi Metallics name and made new promises to finish it. It is still not done. Now the White House says the same company will build the largest steel plant in American history. Same owners. Same playbook. Different state. Expect us to get fucked again.

Good morning @JDVance and @USLaborIG. The top 20 H-1B-filing universities have received $133 billion in federal grants since 2015. They are already exempt from the cap. Why would they also be exempt from the $103k H-1B fee? American universities should hire American talent.

Per capita, Black & Native American households have the highest SNAP rates (~25% & 23%), vs ~8% for non-Hispanic Whites. Straight White males are among the lowest. Really, Sarah? @SarahHuckabee