Layoffs due to AI
Recently we saw Paytm making layoffs due to AI. Are there any other companies that did the same? People whose companies laid off people due to AI. What kind of automations made it possible? Is AI actually doing the work or is it just an excuse to lay off people?
Laying off due to AI has triple benefits. One actually layoff as planned to reduce burn rate, second show of your AI (non existing) capabilities and hope some VC take note, third get free marketing from BA pass journalists who want clickbait news.
admiN
Stealth
8 months ago
duolingo layoff 10% of contractual employees. Paytm however probably lied about AI as employees tell.
Grapevine107
Stealth
8 months ago
The AI narrative was a complete lie! Know it from friends working there
Indusplateau
Stealth
8 months ago
These are mostly text summarisation jobs, customer support, internal sales Engg folks etc. Once every company starts using copilot, the leadership will expect a 20% bump in productivity of people so things will move fast than regular
KeyCurrant4
Stealth
8 months ago
Kahin bhi AI ghusana hai?
Did you read about the RBI guideline that led Paytm to fire these people!
Thoda news padh lo bhailog,would help
