As Microsoft-owned LinkedIn has reportedly announced layoffs in multiple teams, the company's co-founder, Reid Hoffman, has urged caution about the growing list of tech layoffs blamed on artificial intelligence (AI). He argued that the term "AI" is increasingly being used to explain job cuts that are actually driven by more traditional reasons, such as companies hiring too many employees during the pandemic years. In a post on X, Hoffman wrote: "Just a reminder that we're likely to see more layoffs announced 'because' of AI, it makes companies seem strong and moving forward. It's important not to ignore other factors, including hiring trends 2020-2023, that might be present."
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