Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood’s CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it
Related Posts
Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’
This is Cisco’s latest layoff in recent years, while the company’s chief executive touts record revenue and growth.
Musk’s xAI is running nearly 50 gas turbines unchecked at its Mississippi data center
Gas turbines at xAI’s Colossus 2 data center have drawn a lawsuit over the company’s use of “mobile”…
Mercor competitor Deccan AI raises $25M, sources experts from India
Deccan AI concentrates its workforce in India to manage quality in a fast-growing but fragmented AI training market.
