It also seems like a lot of these layoffs due to AI are just regular layoffs.
Let's reduce headcount and spin it as AI disruption! That way we dont have to acknowledge we overhired during covid AND our stock price will go to the moon as they say.
Crazy how these CEO are so brazenly and openly committing fraud. Market and investors are playing along because stock price is going up. Board doesn't give a fuck.
Let's reduce headcount and spin it as AI disruption! That way we dont have to acknowledge we overhired during covid AND our stock price will go to the moon as they say.