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AI News from ET - Some companies tie AI to layoffs, but the reality is more complicated

Vishwadeep Khatri
in AI News & Two Lenses

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Major companies like Amazon, Pinterest, and Expedia are announcing significant job cuts. While many firms cite artificial intelligence as the driving force behind these layoffs, experts suggest other factors like cost reduction and efficiency gains are also at play. This shift raises questions about the real impact of AI on the workforce and corporate strategies.

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