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After ChatGPT disruption, Stack Overflow lays off 28 percent of staff
(arstechnica.com)
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this post was submitted on 17 Oct 2023
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The whole year. Companies who lied off (meta, google, Microsoft) and did stock buybacks had a huge boost on the market.
Stock market is demanding layoffs, from even before chatgpt took over. That's it. AI is just another keyword to push market price even further