AI overtook market and economic conditions as the leading reason companies cited for cutting jobs in May, according to the most recent report from Challenger, Gray and Christmas.
29% of firms have already rehired for AI-cut roles, while 55% of executives regret replacing workers with AI. From Big Tech to fast food, the AI revolution promised efficiency—instead, it delivered a costly lesson in human judgment.
Apparently they are also hiring back some of them.
But often they’ll rehire for a lower salary or hire offshore.
are they actually rehiring? the same people and not just indians, south americans, eastern europeans.
Are those not people?
They’re AI (actual indians)