minus-squareKuroiKaze@lemmy.worldtoAI (Reddit RSS)•Tech Layoffs Are NOT About AI: An Insider View from a Former Amazon ManagerlinkfedilinkEnglisharrow-up1·6 days agoTech layoffs are about juicing stock price and flipping the job market to the advantage of the tech companies (employees now desperate will accept less pay and benefits than ten years ago) and this predates any AI initiative. linkfedilink
Tech layoffs are about juicing stock price and flipping the job market to the advantage of the tech companies (employees now desperate will accept less pay and benefits than ten years ago) and this predates any AI initiative.