Companies found a story that lets them cut headcount at scale across every industry and get applauded instead of questioned. A CEOWORLD survey of 125,000 business leaders found 60% made cuts anticipating AI efficiencies that haven't arrived, but only 2% attributed cuts to actual AI implementation.
https://readuncut.com/the-ai-bet-corporate-america-actually-made-it-wasnt-productivity/
#AI #TechLayoffs #CorporateAmerica #Productivity #WorkforceReduction

AI Layoffs and Wage Compression: The Bet Corporate America Made
AI gave corporate America a way to gut headcount and get applauded for it. An NBER study found only 2% of execs attributed cuts to actual AI, but 60% cut in anticipation of efficiencies that haven't arrived. The bet was never productivity. It was permanent wage compression with better PR.




