More and more Silicon Valley CEOs are blaming job losses on AI. But according to OpenAI CEO Sam Altman, these big layoffs have less to do with technology and more to do with traditional business fundamentals.
There’s been a pretty clear-cut pattern to all the big layoffs that we’ve seen over the past year. Companies announce a major cut, executives blame AI, and markets nod along like it all makes perfect sense.
Amazon (AMZN) did it last year, and Jack Do… [5921 chars]
Source: Barchart | Published: 2026-03-27T14:33:19Z
Credit: Barchart
