In the past, when a company had disastrous revenue and all, they did layoff ; and when they were super successful and earn top $$$ they hired a lot of people to grow.
For a couple of years now, when a company post incredible revenue/profit grow like literally two digits billions per quarter, they layoff people.
So yeah it’s a sign of a healthy company now ‽
Replacing them with ai?
Reuters reported that the e-commerce giant linked the October cuts to the rise of artificial intelligence software, saying in an internal letter to staff that “this generation of AI is the most transformative technology we’ve seen since the internet, and it’s enabling companies to innovate much faster than ever before.”
innovate much faster than ever before
That’s corpo-speak for “fire workers.”
