Coldstreams

Factfulness and Skepticism on: Business, Tech, Energy, Global issues. Sometimes satire and parody.

AI Automation

Automation: Company lays off 1,000 staff, saying no longer needed due to AI

Dec 26, 2023

Paytm layoffs: Over 1,000 employees fired across marketing and operations team as company focuses on AI-powered cost cutting – India Today

I suspect 2024 will be the year of “AI-driven layoffs” across many industries. It is now starting.

By Edward MC

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