Major corporations are increasingly attributing layoffs to AI, but skeptics question whether these explanations tell the complete story behind recent job cuts.
The New York Times reports that companies have traditionally attributed layoffs to various business factors including missed financial targets, pandemic-era overhiring, tariff impacts, or the loss of major clients. However, a new trend has emerged where corporate executives are increasingly pointing to AI as the primary driver behind workforce reductions, claiming they need to make cuts now in anticipation of technological changes.
According to research firm Challenger, Gray &…
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