Thread regarding Wells Fargo & Co. layoffs

Last remote let go

Finished a major project and they let the last remote guy go today.


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Post ID: @OP+1kvts9q6p

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@ak less than 20% of all layoffs are truly AI-related. AI is being used to cover for the fact they over-hired in 2022, CEOs are sold on the belief that they can squeeze the same production out of less staff, and the economic cycle is nowhere near as good as we're being told. Big corporations don't go defensive when the economy looks great.

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Post ID: @at+1kvts9q6p

Fom the looks of the layoff situation at so many employers now there will be many more to follow. Is it AI related?

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Post ID: @ak+1kvts9q6p

Group?

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Post ID: @a1+1kvts9q6p

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