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SF exec defends ‘brutal’ tech trend: Lay off workers to free up cash for AI

April 18, 2024 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

Dropbox CEO Drew Houston told the Verge he laid off workers in part to hire engineers for AI

As wave after wave of layoffs crash over Bay Area companies and the wider tech industry, questions swirl about the causes of the cuts. Now, at least one answer is becoming clearer: Executives want fatter pockets for investing in artificial intelligence.

By Stephen Council


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Montana Technology Innovation Partnership (MTIP)- Promoting Technology Commercialization in the State of Montana.

The Kalispell Chamber of Commerce is the longest-standing and leading advocate for the Flathead Valley community and business climate.

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