Companies cutting jobs as investments shift toward AI

(reuters.com)

11 points | by giuliomagnifico 10 hours ago ago

3 comments

  • gopher_space 9 hours ago ago

    “This force multiplier turned all our devs into geniuses, so I fired half of them.”

    I’m realizing that few of the people who get to make decisions understand the increased possibilities or the cognitive load that working with such a tool provides.

  • rvz 10 hours ago ago

    This is what "AGI" is without them (companies) saying it.

    Again in [0]:

    I predict more layoffs as I unfortunately already did in 2024 [0].

    [0] https://news.ycombinator.com/item?id=46307549

  • toomuchtodo 10 hours ago ago

    They are going to keep cutting workers and job to enterprise system failure until AI either proves them right or catastrophically wrong.