Layoffs due to AI are excuse for underperforming firms: Whoop CEO

Will Ahmed, Founder and CEO of the fitness tracker device Whoop reacted to layoffs at tech companies due to AI. "Many of these 'AI layoffs' are just companies underperforming or lacking a bigger market opportunity," he said. "Investing in talent and AI tools not mutually exclusive," he said, adding his company plans to grow headcount by around 600 this year.