Discussion
@ksylor I am so sorry, this is really horrible.
I saw that the official "reason" given for the mass layoffs was "AI is replacing people"…
I wonder how much of this is just lipstick on a pig – as in, they were doing layoffs anyway, say because BTC is not doing great and Dorsey needed more profit margins or whatever, but they used the "AI" excuse for this not to look as bad for the investors?..
@ksylor I am so sorry, this is really horrible.
I saw that the official "reason" given for the mass layoffs was "AI is replacing people"…
I wonder how much of this is just lipstick on a pig – as in, they were doing layoffs anyway, say because BTC is not doing great and Dorsey needed more profit margins or whatever, but they used the "AI" excuse for this not to look as bad for the investors?..
@ksylor Wut?!? Sux!
I didn't know you worked there. (TBH: today was the first time I even heard of this company.)
@sbourne yeah, it’s a total shock. We just had layoffs 2 weeks ago where ~300 engineers were let go. So this massive cut was just totally unexpected
@ksylor
That is insane.
Layoffs is one thing but doung a small one before a big one means someone in leadership massively fucked up.
@drewpickard yeah the “small” one was because they suddenly instituted minimum PR count numbers *during calibration* and increased the required percentage of “below meets” to be like, 15%% instead of 7%, and then fired everyone in below because they were a “low performer”. So we all thought we were done & safe for a bit, but nope.
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