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00:03Companies are increasingly citing artificial intelligence as the reason for workforce
00:07reductions, raising questions about whether layoffs reflect real AI-driven efficiency gains
00:12or mask other business problems, according to TechCrunch.
00:16A New York Times report suggests some firms may be AI-washing, blaming layoffs on AI when they
00:23may actually result from pandemic overhiring or financial issues. AI was cited as the reason for
00:29more than 50,000 layoffs in 2025, with Amazon and Pinterest among the companies pointing
00:35to the technology. A January Forrester report said many firms announcing AI-related layoffs
00:41lack mature AI systems capable of replacing those roles. Brookings Institute researcher Molly Kinder
00:49said blaming AI offers an investor-friendly explanation compared with admitting a
00:54struggling business. For all things money, visit Benzinga.com.
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