Tech companies have been laying off employees for a while now. I think it's mostly due to pandemic overhiring and higher interest rates but I suppose we'll see.
Tech companies have been laying off employees for a while now. I think it's mostly due to pandemic overhiring and higher interest rates but I suppose we'll see.
I agree that AI was not the _actual_ reason, however, it did allow them to do massive layoffs without admitting they are doing poorly and not taking a massive hit to their stock price.