6 points | by headalgorithm a day ago
3 comments
They were laid for to optimize profits, replacement by offshore workers, and the aspirational promise of generative AI. Value discovery remains to be seen.
Artificial Intelligence and the Labor Market [pdf] - https://news.ycombinator.com/item?id=43235781 - March 2025 (2 comments)
HN Search: offshoring - https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...
https://layoffs.fyi/
500k tech workers have been laid off since accounting for expenses under Section 174 changed on January 1, 2022.
I think that excuse goes in the same bucket as "It was a Zero Interest Rate Phenomenon."
They were laid for to optimize profits, replacement by offshore workers, and the aspirational promise of generative AI. Value discovery remains to be seen.
Artificial Intelligence and the Labor Market [pdf] - https://news.ycombinator.com/item?id=43235781 - March 2025 (2 comments)
HN Search: offshoring - https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...
https://layoffs.fyi/
500k tech workers have been laid off since accounting for expenses under Section 174 changed on January 1, 2022.
I think that excuse goes in the same bucket as "It was a Zero Interest Rate Phenomenon."