Jim Cramer on 3M job cuts: Companies like Snowflake make it so businesses need fewer workers

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This is what Andrew Yang has been preaching for the last year. His book “The War On Normal People “ describes just this

tnt_pkk

fewer workers, but more efficiencies? sounds like deflation to my ears

vietimports

I think someone named Andrew Yang talked about this. Hmmm...

re-tire

FED is hiring. They are looking for hordes of lumber jacks to cut down swaths of forests.

jaym

Snowflake is a brilliant cloud database running on top of aws, azure or google cloud. It's primarily built for data warehousing. The brilliant thing about it is that you only pay for what you use and it's scalable both up and out. When Jim Cramer talks about snowflake dashboards and replacing staff he is talking a load of nonsense. The main thing your going to be replacing is expensive legacy hardware and reducing infrastructure costs. The other big plus of snowflake is there's an ecosystem for data sharing and monetising data.

andymc

And what perchasing Power Machines Have

Trials_By_Errors

Some they will be talking about, the government is raising taxes, to pay for basic income for people that can't find work. Because there is no work.

Joshp

3M warehouse jobs are terrible and dehumanizing

paola

I read the title as an abbreviation. 3M != three million

"Who has 3 million employees? And they are going to be let go :( "~ me five minutes ago

tomrutter

Dont worry about what they say..majority of jobs lost are not coming back

trendsmorrow

It'll be ironic when Snowflake dashboard replaces Cramer!

mrrogers

did Cramer just imply XOM is worth buying?

Azwel

The action brought about by the response of self-preservation, which is natural intelligence, is instantaneous and it is also cultivated unconsciously or consciously. Similarly, we have recorded psychological preservation, the fear of not recording and the knowledge of that gives a central feeling that you must preserve yourself and from that you act.

Amazingpally

AstraZeneca just laid off 500 US employees last week!

SpringismySeason

Job cuts are a lagging indicator of a recession. The stock market is a false market driven higher by free money and retail speculators. Many speculators are not old enough to remember the late 1990's when the same easy money and speculation happened.

mrrogers

typical? add up all the numbers, look at nyc

dennisnealon

I can price Snowflake,
Pay no more than $50.

questioneverything

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