Monday.com’s AI Hiring Lesson; BuzzFeed’s Rescue
The Information
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AI Business
Digital media historians will be intrigued by news this afternoon that media mogul Byron Allen is buying control of once-important media outlet BuzzFeed. For on this unusual deal, see below. Meanwhile. if you’re using mass layoffs as an indicator for AI’s impact on the job market, you may be looking in the wrong place. It might be smarter to look at companies cutting back on hiring, even if they’re not firing anyone. Take Monday.com, the enterprise software firm. Last fall it was talking about expanding its workforce 20% this year.