AI Layoffs, Consumer Spending Collapse & Housing Weakness: What It All Means
A Tidal Wave of Job Cuts Has Begun And It’s Accelerating
Mass layoffs are happening much faster than expected and AI is the main reason. In this video, I walk you through how companies across the world, including tech giants like Microsoft, Amazon, Salesforce, and BP, have already laid off tens of thousands in 2025 alone.
“Layoffs are up 80% year-to-date.”
Some key examples:
Microsoft: 7,000 jobs cut
Procter & Gamble: 7,000
CitiGroup: 4,500
United Nations: 6,900
BP: 7,700
Amazon: 1,700 jobs + 14,000 upcoming manager cuts
Meta: 3,600
Google and Paramount also shedding jobs quietly
Even nonprofits saw a 500% increase in layoffs, which I called “dodgy dealings” in the episode.
It’s Not Just Tech It’s Everything
While tech is leading the way, this wave of job losses is hitting retail, logistics, energy, and even white-collar professions like accounting and design.
“You can now make designs on Canva with AI.”
This is what I’ve been warning about for years. AI is now advanced enough to handle many entry-level jobs, especially in coding, design, admin, bookkeeping, and data entry.
And for anyone with kids in university right now:
“Prepare them. They’re not just going to walk into those entry-level jobs anymore.”
Consumer Spending Has Cracked
If you want to understand the U.S. economy, just follow consumer spending it makes up 70% of GDP.
But in May:
Consumer spending dropped 0.9%
U.S. retail sales saw the biggest drop in 4 months
UK retail sales dropped 2.7%, when they were expected to rise 1%
“This is psychological. When people are uncertain, they cut back.”
This isn’t just numbers it’s a mindset shift. It’s people getting nervous, holding onto cash, and retreating from risk.
The Housing Market Is Quietly Breaking
For years I’ve said that inventory levels are what’s keeping the housing market afloat.
“You can’t have a crash when there’s a shortage of inventory.”
Well, that’s no longer true.
Pending home sales are at their lowest in years
Housing starts dropped nearly 10% in May
New home sales fell 13.7% in a single month
Southern U.S. states like Georgia, Florida, and Tennessee are seeing 20%+ drops
“There’s now $700 billion worth of homes for sale a record in U.S. history.”
Even builders are pulling back. If mortgage rates don’t fall soon, this weakness could turn into something bigger.
Who’s Hiring? Where Are the Safe Jobs?
Here’s where jobs are growing (for now):
Account management: +864%
Recruitment: +590%
Clinical research: +360%
Crew member roles: +68%
But if you’re in any of the following fields, you should be concerned:
Delivery management
Business analysis
Operations admin
IT specialists
Retail sales
Project management
“If you’ve got a good job right now, hold onto it for dear life.”
Final Thoughts: Prepare Now Don’t Wait
I’m not here to scare you. I’m here to help you prepare.
“Start looking at your job right now and ask: Can AI do this?”
Use tools like ChatGPT, Gemini, or Perplexity to assess your own risk. If AI can do what you do or will be able to soon start building a transition plan.
This is why I’ve built programs like:
“Wealth isn’t just about money. It’s about freedom, health, family time, and peace of mind.”
Quick Recap:
AI is accelerating mass layoffs even in top companies
White-collar entry jobs are vanishing, and new grads are struggling
Consumer spending is falling fast especially in retail
Housing market weakness is growing, led by the South
Job loss hotspots: delivery, IT, admin, business analysis
Growth areas: account management, clinical roles, sales
Hold your job tightly unless you’re 100% sure it’s future-proof
Thanks for reading. If this post helped you make sense of the chaos, check out the full video or any of my detailed financial programs linked below.
Take care. God bless you and your family.
See you in the next one.
