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c/artificial · by monica_b1998@lemmy.world · 247d

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it again

https://fortune.com/article/ceo-laid-off-80-percent-workforce-sabotage-what-are-ai-skills/

4 points · 2 comments · view on lemmy.world

2 Comments

reddig33@lemmy.world · 5 pts · 247d (1 reply)

I read somewhere that AI is just a cover story/excuse for these layoffs.

If not, then this dude (or his replacement) will be having to re-hire a lot of these people when they finally figure out that over-hyped pattern matching software can’t actually replace employees.

https://www.theregister.com/2025/10/29/forrester_ai_rehiring/

partial_accumen@lemmy.world · 6 pts · 247d

OPs article was posted in another community and a poster there linked another article about this company. Apparently the whole "we're replacing people with AI minded people" was a sham and in fact it was just a Private Equity company masking their offshoring of most of the jobs.