'The AI layoffs are here': job cuts at Amex, Barclays, eBay and Netflix
ZeroHedge lists cuts it ties to AI efficiency.
ZeroHedge (@zerohedge) posted on Friday: "the ai layoffs are here", listing Amex cutting about 3,500 jobs, Barclays 5,000, eBay about 9% and Netflix about 1,000, as AI creates efficiency. The post drew about 5,600 likes.
The post links the cuts to AI, but it does not include company statements. Companies may cite other reasons, so check each firm's announcement.
Why it mattersLayoffs attributed to AI are a recurring story. Whether AI is the cause or the cover is the question to ask of each announcement.
