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Until recently layoffs, hiring freezes and stalled growth used to be a signal for investors to dump the company's stock. Now CEOs instead say "we are replacing
by paxys 2y ago
Until recently layoffs, hiring freezes and stalled growth used to be a signal for investors to dump the company's stock.
Now CEOs instead say "we are replacing engineers with AI" and the stock price shoots up.
Quite a grift we have going on.