News for hackers. Stuff that matters.
Re:Layoffs at Block by notatoad on Thursday February 26, 2026 @08:22PM (#47175042)
it's all just saying stuff the shareholders want to hear. when the shareholders want to hear "we're staffing up aggressively" the companies hire. when the shareholders want to hear "we're moving workloads to AI" the companies fire.

it's not using AI as a scapegoat. they're doing this because they're quite literally being rewarded for it. they could care less what the employees who are getting fired think, as long as the investors are happy.

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