Snap and Other Companies Blame AI for Layoffs. Is It Just a Convenient Excuse?
Barrons
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AI was the leading reason U.S.-based employers cited for layoffs in March.
Snap just joined the club.
- Snapchat parent cuts 1,000 jobs, citing AI efficiency The Straits Times —
- Snap Inc., Snapchat parent company, slashes workforce, turns to artificial intelligence UPI —
- Snapchat owner announces global layoffs amid financial challenges SFGate —
- Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I. The New York Times —
- Snapchat to lay off 16% of its workforce as it struggles financially The Independent —