Comment by ethbr1

My charitable company strategy take: this is companies skating to where they think the puck will be

Given the rapid progress in LLM capability in recent history, it's reasonable to expect that continues... at least to some degree.

Consequently, companies are going to need to continue to cut, and delaying those cuts will only leave them in a worse position.

Devil's advocate counterpoint: it's currently unclear where AI does and doesn't provide efficiency gains in a business, so some companies are making headcount reductions without knowing where they should target them