Jim Cramer, the host of Mad Money, spoke on Wednesday about the growing concern that artificial intelligence could lead to widespread job cuts.
A couple of weeks ago, Jack Dorsey, CEO of Block, the old Square, did the unthinkable, saying he would cut his workforce almost in half from 10,000 people to just 6,000. Why? Because AI tools make it possible for a smaller number of people to do a lot more with less. Oh, it was brutal. But Dorsey said it was inevitable… He explained, “I believe the majority of companies will reach the same conclusion and make similar structural changes.”
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Being someone who has long believed chief executives may earn far more than workers, Cramer added that he hopes these kinds of layoffs do not become common. He said that the rise of AI agents could just as easily lead companies to employ more people rather than fewer, because the tools might act as powerful force multipliers for human workers. He mentioned that one could argue that if businesses expand hiring, they could end up performing even better than they do today. However, he noted that his experience watching Silicon Valley makes it easier to picture technology companies pushing fully into AI and “pulling a Dorsey.”
Listen, I didn’t like what Dorsey said at all… But if all these big tech companies have to raise money to build their AI presence, I gotta believe they’re thinking about firing people just like Dorsey. Let’s face it, all these big tech companies have way too many employees if the wonder of AI agentry is true. After all, the reason these companies can raise money at the drop of a hat may be because Dorsey’s right. Sure, Block is in a unique situation as a fintech firm needed help, but the odds don’t favor that. They favor the new world. Let’s just hope there’s something for everyone.
Our Methodology
For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 11. We listed the stocks in the order that Cramer mentioned them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Jim Cramer Answered Questions About 13 Stocks: Eli Lilly, Meta, and More
13. Navitas Semiconductor Corporation (NASDAQ:NVTS)
Navitas Semiconductor Corporation (NASDAQ:NVTS) is one of the stocks Jim Cramer answered questions about. Toward the end of the lightning round, a caller asked if the stock is a buy, sell, or hold. Cramer replied:
Okay, how about this? They’ve got really great technology. That should ultimately translate into great earnings. It has not done so yet, but they do have great technology.
Navitas Semiconductor Corporation (NASDAQ:NVTS) develops and sells specialized power chips and controllers to enable charging and energy conversion. The company’s products are mainly used by the automotive, data center, and consumer electronics industries. During the May 23, 2025, episode, a caller asked whether they should take modest profits from the company’s stock or buy more. The Mad Money host replied:
No, that one’s done. That one’s done. I mean, look, it’s terrific what happened, but you just had a gigantic gain. It’s almost like a takeover. I say take your money out that you put in, and then you can let the rest ride. Play with the house’s money.
It is worth noting that since the above comment was aired, the company’s stock gained around 146%.
12. SoundHound AI, Inc. (NASDAQ:SOUN)
SoundHound AI, Inc. (NASDAQ:SOUN) is one of the stocks Jim Cramer answered questions about. A caller sought Cramer’s opinion on the stock, and here’s what he had to say:
I’ve been watching this thing go south. You know, everyone got all excited because Jensen had a position in this. It’s kind of like that Recursion. But you know he, I don’t see him as a big shareholder anymore. And I’ve gotta tell you, this is one of those companies that is a meme stock, and meme stocks that are losing money are ixnayed.
SoundHound AI, Inc. (NASDAQ:SOUN) develops voice AI technologies that enable businesses to create conversational and intelligent voice experiences. During the episode aired on December 10, 2025, a caller inquired about the stock, and Cramer responded:
No, see, SoundHound doesn’t make any money. It’s one of those year of magical investing stocks, and that year is over.
