Because if you say you're doing layoffs because you're doing poorly or want to bribe shareholders it's bad, but if you say you're being innovative you're worthy of investment.

[–] Diplomjodler3@lemmy.world 5 points 4 hours ago* (last edited 2 hours ago)

You're reducing payroll, which is the biggest expense for most companies. That will make line go up for a while, until the lowered productivity catches up with you. With a little bit of luck, someone else will get blamed for that.

[–] ignirtoq@feddit.online 9 points 4 hours ago (1 children)

It's cover. They're not laying off because of AI. They're laying off to make line go up.

[–] rozodru@piefed.world 4 points 4 hours ago

bingo. I live in Toronto and i'm a contractor that is doing code reviews with a focus on LLMs for startups and other small tech firms. I'd say 9 out of 10 times my reports can be summed up as "this could have all been avoided if a team of devs had remained on staff" and then I fix it.

They'll keep trucking along with AI and then hiring people like me for a premium because in the long run it's still cheaper than having a team of 5+ devs on staff and that line will go up. the AI isn't improving anything, it's hindering them but it's still slightly cheaper than having humans on board. broken and delayed product be damned, their still saving a couple nickels.

[–] shittydwarf@piefed.ca 5 points 5 hours ago

Moronic middle management KPIs

[–] bitjunkie@lemmy.world 4 points 5 hours ago

Buying their own bullshit