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I dunno, it doesn't pass the smell test that for a decade everyone was adding useless products and now in '25 they're all having their come-to-jesus. I also don
by jonway 11mo ago
I dunno, it doesn't pass the smell test that for a decade everyone was adding useless products and now in '25 they're all having their come-to-jesus. I also don't that buy everyone is firing to spend on AI either.
- disgruntledphd2 11mo agoIt's more that they intend to spend loads and loads on capital spend (for AI). Therefore, they should lay people off to keep margin constant. Now clearly they believe that the capex is worth it, but they're mostly trying to manage their share price.