Why are CEOs blaming AI for layoffs? Perhaps they don’t want to admit to their own mistakes.
  • TrackinDaKraken@lemmy.worldEnglish
    28·
    16 hours ago

    Yeah, a lack of revenue can also be stated as “overstaffed”, I suppose. “We have too many people for the business we no longer have.”

    • scytale@piefed.zipEnglish
      17·
      15 hours ago

      And it’s not even a lack of revenue. Profits are still coming in the billions, it’s just that they have to keep it going up every quarter to keep the shareholders happy.