Verizon to cut about 15,000 jobs

(reuters.com)

2 points | by lambersley 10 hours ago ago

3 comments

  • rvz 10 hours ago

    This is AGI.

    • coldtea 9 hours ago

      Few of layoffs you see are due to AI (and none are AGI, as that doesn't exist atm). It's just a convenient excuse to justify the job cuts AND appear adopting new tech, a costs / stock market win-win when expecting economic stagnation to continue

    • lambersley 10 hours ago

      It doesn't sound like it. The articles references competition from low-cost providers, for which I'm assuming, VZN cannot match. As well, converting corporate stores into private franchises would have nothing to do with AGI.