The Corporate Media Carries on With Patently Phony and Misleading Narrative About IBM's Mass Layoffs
This morning:
A lot of those who got laid off worked in "AI". Insiders also - knowing their colleagues - point that out this week. We saw the same at Microsoft.
Take a look at how the media "excuses away" the layoffs.
Instead of rightly alleging business failure or commercial (leadership's) weakness it is offloading blame to some mindless buzzwords.
Gaslighting media is typically owned by those who stand to gain from such self-serving spin. As their companies shrink and borrow more money they want to signal to us that debt and layoffs are signs of strength and innovation. █