Comment on AI layoffs are looking more and more like corporate fiction that's masking a darker reality, Oxford Economics suggests | Fortune

The_Che_Banana@beehaw.org ⁨2⁩ ⁨days⁩ ago

Layoffs are only used to prop up quartly/annual profits for shareholders. Period. once that is acheived, the CEO gets his bonus and doesn’t give a fuck if it happens again because if he gets fired he’ll have a golden parachute as well.

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