Finance worker's Reddit post reveals system failures after 5% layoffs
Business
A finance worker's Reddit post is making waves after revealing how recent layoffs at his company have thrown things into disarray.
The firm cut around 5% of its staff, including key IT and compliance people, leaving behind system failures and a lot of stressed-out employees now juggling extra work without much support.
Company cites AI, critics warn audits
The company says it let people go because it's leaning more on AI, but the post calls out leadership for overestimating what tech can handle alone.
Online, folks are worried this could hurt important stuff like regulatory audits and say companies need to balance new tech with real human expertise to avoid these kinds of messes.