Comment on ‘Devastating blow’: Atlassian lays off 1,600 workers ahead of AI push

tracyspcy@lemmy.ml ⁨1⁩ ⁨week⁩ ago

Sinking profit - > cut operations costs -> sell it to investors as investments in ai / or increasing productivity with ai or bla bla ai. So company is sinking , but stock price is up… placebo economics

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