Companies May Be Lying About Why They’re Laying You Off | Income Tips & Side Hustles
More than 50,000 staff misplaced their jobs to AI in 2025 — or so their employers declare. Amazon announced 16,000 company job cuts this week after CEO Andrew Jassy said generative AI ought to change how work is finished. Pinterest said it might cut 15% of its workforce to reallocate assets to AI-focused roles.
But consultants say many firms are “AI-washing” — utilizing artificial intelligence to clarify layoffs when the real causes could also be overhiring during the pandemic, lacking financial targets, or avoiding criticism of other components like tariffs.
Wharton School professor Peter Cappelli said firms are anticipating that AI will take over jobs, but it surely hasn’t occurred yet. Brookings Institution researcher Molly Kinder called it an investor-friendly message that alerts cutting-edge adoption fairly than admitting the business is struggling.
Read more
More than 50,000 staff misplaced their jobs to AI in 2025 — or so their employers declare. Amazon announced 16,000 company job cuts this week after CEO Andrew Jassy said generative AI ought to change how work is finished. Pinterest said it might cut 15% of its workforce to reallocate assets to AI-focused roles.
But consultants say many firms are “AI-washing” — utilizing artificial intelligence to clarify layoffs when the real causes could also be overhiring during the pandemic, lacking financial targets, or avoiding criticism of other components like tariffs.
Wharton School professor Peter Cappelli said firms are anticipating that AI will take over jobs, but it surely hasn’t occurred yet. Brookings Institution researcher Molly Kinder called it an investor-friendly message that alerts cutting-edge adoption fairly than admitting the business is struggling.
Read more
Understanding Income Growth
Building a number of income streams is one of the most efficient methods to attain long-term financial safety.
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