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Employment 'Apocalypse' Fears Are Overblown, Scale AI CEO Says - Meta Platforms (NASDAQ:META), Oracle (NY

Summary by Benzinga
Scale AI CEO Jason Droege is calling out CEOs using AI as an excuse to do what they were going to do anyway—cut jobs According to Semafor, Droege claims companies are "washing the layoffs" with AI and downplays the idea that AI will trigger an employment "apocalypse." "The tools are going to add capabilities; they are going to make companies more competitive. Those more competitive companies are going to put pressure on less competitive companie…

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Semafor broke the news in New York, United States on Thursday, April 16, 2026.
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