this post was submitted on 12 Jan 2026
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This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again (fortune.com)
submitted 3 days ago* (last edited 3 days ago) by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
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“Every single Monday was called ‘AI Monday,’” Vaughan said, with his mandate for staff that they could work only on AI. “You couldn’t have customer calls; you couldn’t work on budgets; you had to only work on AI projects.” He said this happened across the board, not just for tech workers, but also for sales, marketing, and everybody else at IgniteTech. “That culture needed to be built. That was the key.”

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[–] leftzero@lemmy.dbzer0.com 6 points 3 days ago

They say 'company X KPI are this % better thanks to AI'

They asked an LLM for the KPIs and it helpfully made up the figures they wanted to see.

Which became a self fulfilling prophecy once they showed those awesome “results” to the investors.

Of course it'll all come crashing down once the investors ask for a return on their investment and there are no more new investors to support the pyramid, but by that point someone (probably not the brainrotten CEOs, who are drinking their own coolaid) will be far away with the money in a Cayman Islands bank account...