• yeehaw@lemmy.ca
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    2 months ago

    The telecom company is looking to cut costs amid an industry-wide slowdown

    Did I just wake from a coma? Did everyone start cancelling their cell phone plans and internet connections?

    I’m blown away AI wasn’t mentioned as a reason lol.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      2 months ago

      While there is scant evidence that AI is having much of a tangible impact on productivity, it is a fantastic tool for justifying mass layoffs.

    • iegod@lemmy.zip
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      2 months ago

      People are getting smarter about what kind of fees they’ll tolerate for mediocre service. I also bet TV service subscriptions are on the decline.

    • kent_eh@lemmy.ca
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      2 months ago

      Did everyone start cancelling their cell phone plans and internet connections?

      Cable packages and streaming have been on the decline for a while.

      And, despite still being higher than some other countries, cellphone plans have been getting cheaper over the last decade.

      At the same time, the Telcoms have been spending capital on expanding their networks and replacing older hardware with newer faster equipment.