Hacker News Reader

> how companies are trimming off staff for AI

But they're not. That's just the excuse. The real truth is somewhere along pandemic over hire and bad / unstable economy.

View on HN

Also attempts to influence investors/stock-price.

https://newrepublic.com/article/178812/big-tech-loves-lay-of...

We've frozen hiring (despite already being under staffed) and our leadership has largely pointed to advances in AI as being accelerative to the point that we shouldn't need more bodies to be more productive. Granted it's just a personal anecdote but it still affects hundreds of people that otherwise would have been hired by us. What reason would they have to lie about that to us?

Reply on news.ycombinator.com