How AI Has Created a Braggy Culture of Layoffs

Whenever a company makes layoffs, the announcements tend to be corporate-speak at their most sanitized—bloodless at best. The language is heavily vetted for legal and reputational risk to make sure they’re legally ironclad and purposefully anodyne. Or at least that was what this grim tradition looked like in the era before executives began discussing AI-induced workforce cuts.On May 19, Bill Winters, a chief executive at Standard Chartered Group, told a roomful of investors that AI is replacing...