Yeah, I think they want to reduce headcount, and this is the cheapest way to do it. I’m guessing they’re getting some flack for investing so much in AI w/o enough return to justify it, so they’re culling a lot of the workforce to juice the numbers a bit until that investment starts to make sense. They’ll probably just reshuffle people around as needed within the org to fill the gaps.
So they don’t have to pay severance or other state penalties for doing an actual layoff. They aren’t thinking of talent with this move.
Yeah, I think they want to reduce headcount, and this is the cheapest way to do it. I’m guessing they’re getting some flack for investing so much in AI w/o enough return to justify it, so they’re culling a lot of the workforce to juice the numbers a bit until that investment starts to make sense. They’ll probably just reshuffle people around as needed within the org to fill the gaps.