2 ms·
It seems like most companies are just using AI as a convenient cover for layoffs. If you say: “We enormously over-hired and have to do layoffs.”, your stock tan
by Hendrikto 11mo ago
It seems like most companies are just using AI as a convenient cover for layoffs. If you say: “We enormously over-hired and have to do layoffs.”, your stock tanks. If you instead say that you are laying off the same 20k employees ‘because AI’, your stock pumps for no reason. It’s just framing.