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Box CEO Aaron Levie to the Rest of Corporate America: The Tech Layoff Wave Is a Tech Story. Don't Read It as Your Q3 Forecast. AI & Jobs

Box CEO Aaron Levie to the Rest of Corporate America: The Tech Layoff Wave Is a Tech Story. Don't Read It as Your Q3 Forecast.

On April 28 Fortune ran two op-eds back-to-back. Box CEO Aaron Levie said the 100,000-job tech layoff wave is mostly a tech-industry phenomenon and will not generalize to the rest of the Fortune 500. Apollo's Torsten Slok said the same thing using a 160-year-old British coal-economics paper. Wall Street disagreed: 17 of the 28 AI-layoff announcements this year ended the day green.

#box#levie#ai-washing