Long Before Tech CEOs Turned To Layoffs To Cover AI Expenses, There Was WorldCom
Long-time Slashdot reader theodp writes:

Jeopardy time. A. This company spurred CEOs to make huge speculative capital expenditures based on wild unverified claims of future demand, resulting in the layoffs of tens of thousands of workers to reduce the resulting expenses, harming their core businesses. Q. What is Op … ⌘ Read more