<p><a href="https://www.sps.nyu.edu/about/academic-divisions-and-departments/division-of-programs-in-business/human-capital-management.html">Human Capital Management Department</a> Chair Anna Tavis shared her expertise in a recent <a href="https://www.msn.com/en-us/money/savingandinvesting/tech-titans-are-slashing-jobs-in-ai-brawl-what-investors-should-know/ar-AA22bQiD">MSN.com</a> article addressing the slew of massive job cuts occuring among tech's biggest names.</p>
<p>"They are doing it because the others are doing it, and the perception of being aggressive about AI is very important to them," Tavis is quoted in the piece. "They are kind of trying to outdo each other."</p>
<p><b><a href="https://www.msn.com/en-us/money/savingandinvesting/tech-titans-are-slashing-jobs-in-ai-brawl-what-investors-should-know/ar-AA22bQiD">READ FULL ARTICLE</a></b></p>
The irony is, it can end up costing them more...[b]ecause companies eventually may need to hire people to fill roles in a different area, or rehire for some of the same roles. That's on top of severance payments and other costs associated with the layoffs themselves."