Microsoft’s stock rose on the news that it’s getting rid of 1/4th its people. That’s nothing new. Disposing of human beings in favor of “productivity” has always been a favorite move for Wall Street. However fires the last human gets to turn out the lights.
Any wagers on how long it will be before AI-heavy companies’ jaw-dropping voluntary buyouts are replaced with even larger involuntary layoffs without compensation? apnews.com/article/micr...
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