5 ms·AI layoffs to backfire: Half rehired at lower pay10 points by dxs 1y agoquantified 1y agoNot sure why it's thought of as "backfire"? The companies can't cut pay to existing employees. So this how they will cut compensation expenses.sitkack 1y agoThis is just model distillation.croes 1y agoJust wait, companies are bad learners. Soon the recognize badly paid workers work according to their wages. And they repeat the earlier outsourcing mistakes.