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You gotta figure that they know deep down if people don’t have jobs they can’t afford to shop at your grocery market but I don’t think they care. Capitalism is very stupid at this point.

Robert Reich@rbreich.bsky.social

Kroger just announced the largest layoffs in its history, with plans to cut 3,000 employees as it ramps up use of AI. Reminder that Kroger has spent $12.3B on stock buybacks since 2019 and paid its CEO $14M last year — 417x its median worker's pay. AI is turbo-charging corporate greed.

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I don't think the rich understand the very nature of being unable to afford things. It just doesn't compute because they've never had to deal with it, so they assume the only poor people are lifetime criminals and those who live in destitute countries -- neither of whomst are gonna shop at Kroger.