AI Layoffs Are Obscured by Euphemisms and Poor Tracking

Financial technology firm Chime Financial Corp. boasted this year that it was using artificial intelligence tools to transition to smaller teams with “fewer layers.” Medical device maker Boston Scientific Corp. recently said it wants to “delayer the company” to reduce some expenses, and building materials concern CRH Plc is in the process of bringing management “closer to our customers” by “delayering decision-making.”