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    Dear Tech Execs, ChatGPT Won't "Compose Memo Announcing Massive Layoffs"

    January 28, 2023
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    Tech layoff announcements continue to rise by the week. The latest notable firms to slash headcount to survive tightening monetary conditions and increasing risk of recession include GoogleMicrosoftSalesforce, and Amazon. After every announcement, either leaked onto Twitter or published on the company's website is a copy of the layoff memo from the CEO to staff. 

    Over the last several quarters, we've read dozens of layoff memos from tech CEOs. We notice CEOs are usually blunt and to the point about firings in the first paragraph or draw out the inevitable to the very end. 

    So far, 219 tech companies have fired 68,149 workers, according to the latest data from the layoff tracker website Layoffs.fyi. Last year, 1,040 tech companies fired 160,000 employees...

    To read more visit Zero Hedge.

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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