Sunday, January 29, 2023

What Big Tech companies are saying to justify mass layoffs

As more and more Big Tech companies continue to sack employees, they have listed various reasons behind the move -- over-hiring, uncertain global macroeconomic conditions, strong tailwinds from the Covid-19 pandemic and more.

from Tech-Economic Times https://ift.tt/fT9A0i8

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...