alt Hacker NewsAI is taking jobs but for a different reason. Big Tech is in an AI race so they will shrink their staff or move jobs to India as much as possible to free capital for GPU datacenters. To hell with the consequences.
Meta, Alphabet, and Oracle are even issuing almost $60 billions in bonds. Unheard of.
Replies
chairmansteve • yesterday at 5:57 PM
Cannibalising their businesses....
I am curious to see if jobs are actually moving offshore. Is there any data suggesting this?
I was under the impression Big Tech is cutting jobs across the board, all regions.