• smeg@infosec.pub
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    16 hours ago

    It has nothing to do with AI.

    They bet big on crypto and it hasn’t paid off for years. They continued hiring. Their stock has been flat or lowering for the past five years. They continued hiring.

  • CompactFlax@discuss.tchncs.de
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    16 hours ago

    If they didn’t have AI to blame, they’d call this a pivot (and the subtext would be they’re running out of funding). It’s not about AI.

    • glowie@infosec.pub
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      8 hours ago

      This is literally any business. My CEO is not even a millionaire but we had to cut staff. It’s about shit leadership.