"Salesforce is not the only one. I mean, Microsoft did this before. Meta did it and most of the basic programming is done by AI. The same thing with Google, Alphabet,"
"They find that is going to replace a certain number of workers and staff, and this is reflected as cost cutting,"
"Million square feet with OpenAI. Databricks took 300,000 in Sunnyvale just lately. These numbers don't exist anywhere else in the world,"
"Even with the large-scale employment and leases we see with AI compared to the previous tech booms and the scale of that hiring and those leases, this is not that large,"
Salesforce cut thousands of jobs citing artificial intelligence. Tech companies such as Microsoft, Meta and Google are reducing roles as AI handles basic programming tasks. Many firms replace eliminated positions with hires who possess AI skills, a selective-hiring approach viewed as a strategic investment. AI is reshaping both employment and commercial real estate in the Bay Area. OpenAI has taken millions of square feet and Databricks leased 300,000 square feet in Sunnyvale. Office vacancies in downtown San Francisco remain near all-time highs. Current large AI leases and hiring are unlikely to close the vacancy gap in the short term.
Read at ABC7 San Francisco
Unable to calculate read time
Collection
[
|
...
]