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134

The Dumbest Move in Tech Right Now: Laying Off Developers Because of AI (ppaolo.substack.com)

submitted 1 week ago by tfm to c/fuck_ai@lemmy.world

19 comments fedilink hide all child comments

cross-posted from: https://piefed.social/post/769656

Archive link: https://web.archive.org/web/20250515190754/https://ppaolo.substack.com/p/the-dumbest-move-in-tech-right-now

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[–] wetbeardhairs@lemmy.dbzer0.com 1 points 1 week ago

A company laying off thousands of engineers wont be nice for the stock.

Have you seen the markets recently? They don't even care about quarterly profits anymore because that's too slow. So if you fire half your workforce the stock price will go up because all of the reoccurring savings!