The reduction in headcount is directly related to the proliferation of generative AI-driven coding assistants from companies such as Microsoft, AWS, Google, and IBM, a study from Cornell University showed.
Having let go of over 250 employees at the end of last year, low-code platform provider Airtable has announced more job cuts in order to make the company “cash flow positive.”
The layoffs, which come after the company let go of at least 12,000 employees in January, are aimed at increasing operational efficiency, a spokesperson said.
Layoffs can be tough for both companies and employees. When grappling with anger, fear, and uncertainty, it's hard for anyone to be at their best. Here are some strategies for avoiding negative outcomes during layoffs.
