The summer of layoffs is real.

  • suicidaleggroll@lemmy.world
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    3 days ago

    I don’t think it can’t be AI, I just don’t believe it at this level. I don’t know anybody, not a single person whose job even could be replaced by AI, much less has been. That doesn’t mean it doesn’t happen, there are companies that are trying to actually replace their workers with AI, but they’re few and far between and make a lot of headlines when they do it.

    I think the more likely explanation is that spending freezes across the board (due to tarriffs and government cutbacks) have put a lot of companies in serious financial stress, and they’re claiming the resulting layoffs are because of AI optimization because the reality of the situation would send their stock price plummeting.

    Or maybe it’s both. Company is in dire financial straights, execs pressure middle management to reduce costs any way they can, they yell “AI!” and fire half the staff. Technically they can say they downsized due to AI, when the reality is that they were going to have to fire a bunch of people anyway.

    • MCasq_qsaCJ_234@lemmy.zip
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      3 days ago

      When the midterm elections come, Republicans will want to reverse it, but it will be too late and the Democrats will have Congress for a long time.

      • Tollana1234567@lemmy.today
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        3 days ago

        republicans wont reverse anything, they already set a series of timebombs in the BBB, to make sure the cuts are blamed on DEMs. i think it would be prudent if republicans take the blame instead , would rather them still remain in power to take the blame, hence that would make them less tangible for re-election.