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> A company finds itself with surplus labor capacity due to the efficiencies in AI It's likely more: A company finds itself with surplus labor capacity due to
by didibus 5mo ago
> A company finds itself with surplus labor capacity due to the efficiencies in AI
It's likely more:
A company finds itself with surplus labor capacity due to the over hiring during Covid, cutting down on risky ventures, protecting margins, and narrowing scope.
But I think there's also:
A company wants to see if AI is making them more efficient, decides to cut people as if it was and see what happens.
I also am not sure about the short term stock price, many recent mass layoffs the stock often moved down. The CloudFlare stock is tanking in after market for example.
- b40d-48b2-979e 5mo agoThere's STILL people propping the lie about over hiring? Just admit the economic system is not working for the workers already.