> The primary motivation for this rebranding of job cuts appears to be investor relations. The report notes that attributing staff reductions to AI adoption “conveys a more positive message to investors” than admitting to traditional business failures, such as weak consumer demand or “excessive hiring in the past."
Does this really provide any benefit vs. the more believable "we are getting rid of employees in order to reduce payroll expenses?"
> The primary motivation for this rebranding of job cuts appears to be investor relations. The report notes that attributing staff reductions to AI adoption “conveys a more positive message to investors” than admitting to traditional business failures, such as weak consumer demand or “excessive hiring in the past."
Does this really provide any benefit vs. the more believable "we are getting rid of employees in order to reduce payroll expenses?"