Fortune's February 10 analysis described "AI-washing" and "forever layoffs" as reasons companies keep cutting jobs even amid rising profits. The headline is the detail we can confirm from our review.
The theme recurs in October's announcements: Netflix's memo did not cite AI for its 1,000 cuts, while Kroger's CEO cited technology without saying how many roles AI would replace. Analyst Neil Saunders said some Kroger cuts would have happened regardless.
Source: Fortune