Layoffs, because "We're an AI first company now"
I work for a software company that employs ~ 300 people. For years now our CEO is ridiculously in love with everything AI. This guy has a massive AI psychosis and in the past whenever he talked about AI he was basically worshiping it. He pushed it more and more into our work (regardless if it made sense or not) but promised there won't be layoffs because of it.
Last week he laid of 20% of the work force (mainly software engineers) on top of the 10% that where let go since the beginning of the year.
The biggest joke is: The company was doing good financially, until this clown purchased an AI startup that brings back not nearly enough revenue to justify the expense.
"We are an AI First company now!"
The remaining engineers are supposed to utilize AI more to do the work of the fired engineers. In the "strategy" meeting he used the term "AI" almost 40 times (+ terms like "Claude", "LLM", "Chatbots", and so on...)
He wants to reshape the product to have AI in the center of basically everything.
Oh and he EXPECTS every employee to build an AI automation that does part of their job within a quarter. This motherfucker basically wants us to build our own AI replacement. At the very least he wants to get rid of more engineers.
This fucking lying imbecile will tank the whole fucking company - i guarantee it. What happens when (not if... WHEN) AI tokens massively go up in price? This fucking AI bubble has to burst at some point. The current state is just not sustainable. But Mr I-know-it-all is in complete denial.
He probably doesn't care anyways. When it finally happens, the guy will just lay off some more workers and then retire.
I just hate it. I used to love my software engineering job. Now I'm just an AI-Agent babysitter and I will soon lose my job, too. Just because greedy lying pieces of shit-CEOs are fully embracing AI which leaves nothing but scorched earth.
I hate this timeline. I hate the greed and the gluttony of people in charge. I hate that the rich people always win and get away with everything and the worker needs to suffer. I just hate it all.
End of rant. Written from a 2nd account, because 1st account could identify me.