Tech Industry job layoffs looking scary

[JT-Money]

@null @JT-Money @Pressure we back

https://www.investing.com/news/company-news/openai-to-double-headcount-to-8000-in-enterprise-push-ft-reports-4574055

Anyone working at a tech software company may still get the boot. The threat of AI destroying their business model is those stockd.

Everyone better keep up on the financials of their organization. A few bad quarters in a row and management will pull the mass layoff trick to boost the stock price.

Snowflake cuts jobs after $200 million OpenAI partnership​

Snowflake cuts jobs after $200 million OpenAI partnership

Cloud data firm Snowflake, fresh from a $200 million deal with OpenAI, has announced targeted job cuts to align with its long-term strategy.

www.newsbytesapp.com

 

[null]

Anyone working at a tech software company may still get the boot. The threat of AI destroying their business model is those stockd.

...

HSBC is not going to be tech heavy.

 

[JT-Money]

HSBC is not going to be tech heavy.

When you consistently miss earnings layoffs are the next logical step. Every poorly run company will eventually jump on the replacing workers with AI bandwagon.