Arthur Hayes

AMAZON PRIME VIDEO BLOODBATH 2,847 employees got the email at 6:47 AM PST "Your role has been eliminated effective immediately" Badges dead by 7:15 AM. Slack access revoked mid-sentence Senior engineers who built the entire streaming infrastructure. Gone The team that shipped 40% faster last quarter using Claude for code generation. Eliminated 847 contractors in Bangalore just got handed their prompt libraries and deployment scripts Same streaming platform. Same feature velocity expected 14 remaining Seattle engineers to "manage AI-augmented offshore delivery" The kicker: those eliminated seniors spent 8 months documenting every architectural decision into internal wikis Every code pattern. Every debugging workflow. Every performance optimization trick That documentation just became training data for the AI systems replacing them VP of Engineering sent company-wide: "This transition represents our commitment to AI-first development" Severance packages include mandatory 90-day non-compete clauses Meanwhile the Bangalore team already pushed 12 commits using the extracted knowledge base One former L7 told me: "I literally trained the AI that made me redundant" If you're at FAANG and not seeing this coming you're already dead DMs open for anyone who needs to talk

SCOOP: The U.S. Treasury Department is expected to announce measures as soon as Thursday aimed at combating rising energy prices, including potential action involving the oil futures market, a senior White House official tells me.