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AI layoffs are looking more and more like corporate fiction that's masking dark

fortune.com

17 points by xbmcuser a day ago · 1 comment

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musicale a day ago

> The primary motivation for this rebranding of job cuts appears to be investor relations. The report notes that attributing staff reductions to AI adoption “conveys a more positive message to investors” than admitting to traditional business failures, such as weak consumer demand or “excessive hiring in the past."

Does this really provide any benefit vs. the more believable "we are getting rid of employees in order to reduce payroll expenses?"

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