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European Rearmament Efforts Snuffed By Chinese Control Of Critical Materials
European Rearmament Efforts Snuffed By Chinese Control Of Critical Materials
Yesterday we reported that, in a tit-for-tat move, China announced it is targeting US rare earths firms in response to a Pentagon list of Chinese firms: this, as Rabobank noted, is largely a symbolic move, but it still underlines the tensions in this area. So does the Nikkei reporting that ‘China minerals control threatens EU rearmament, as bloc seeks new sources’: because, as Rabo's Michael Every notes, even if you can afford a dagger, you can’t make it without rare earths, and...
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Jan 20, 2023 / Sundar Pichai
Letter from Google CEO to Employees: 12,000 jobs to be cut
Googlers,
I have some difficult news to share. We’ve decided to reduce our workforce by approximately 12,000 roles. We’ve already sent a separate email to employees in the US who are affected. In other countries, this process will take longer due to local laws and practices.
This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with. I’m deeply sorry for that. The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here.
Jun 2, 2026 / Tyler Durden
Facebook Is Accused Of Fostering Ethnic Enclaves At Headquarters
Facebook Is Accused Of Fostering Ethnic Enclaves At Headquarters
Authored by Jose Nino via Headline USA,
Tech advocacy group blames visa programs for enabling corporate tribalism.
A terminated software engineer is accusing Facebook parent company Meta of allowing Chinese migrants to take over entire departments while American employees face systematic exclusion and layoffs, Neil Munro of Breitbart News reported.
Jeremy Bernier, who graduated from Virginia Tech in 2012, lost his software engineering job at the company and has gone public with allegations of widespread discrimination. "At Meta, 90% of my coworkers were Chinese,...
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Mar 31, 2026 / Tyler Durden
Job Openings Drop After Huge Upward Revision As Hires, Quits Unexpectedly Plunge To Six Year Low
Job Openings Drop After Huge Upward Revision As Hires, Quits Unexpectedly Plunge To Six Year Low
A few weeks ago, the BLS reported that January job openings unexpectedly soared by 400K, the biggest increase since November 2024, to 6.946MM, the highest since last October. Well, it turns out the jump was even higher than that because moments ago, the BLS published the latest February print, and while that number came in line with estimates, at 6.882MM, or just shy of the 6.890MM estimate, it was a big drop from January,...
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