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> correction for over hiring during periods of low-interest rates It's been three years since that though, and five years since covid. That's why we say "AI" n
by magicalist 1y ago
> correction for over hiring during periods of low-interest rates
It's been three years since that though, and five years since covid. That's why we say "AI" now. Just make sure you don't say "executive incompetence".
- whamlastxmas 1y agoI don't think it's incompetence, I think it's planned, merciless strategy. It costs nearly nothing to fire a ton of people, so why not hire a bunch with free money and dump them as soon as the free money disappears
- johnnyanmac 1y agoYeah pretty much. This is just late stage capitalism, and the working class seem to just be shrugging at it instead of what theyr forefathers did in reaction.