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Block cut 40% of its workforce and framed it as AI efficiency. WiseTech cut 2,000. Atlassian cut 1,600.

All three cited AI. The Duke study suggests a one-year lag between AI investment and realized results.

Which means at least some of these companies cut people before the AI was ready to replace the work. They bet the productivity would arrive. The employees absorbed the cost of that bet.

Curious if anyone has visibility on the ground at these companies. Is the AI actually running the work that was cut, or are the remaining staff just carrying more of it?

Apr 2
at
3:00 AM
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