Got more layoffs across tech today as Pinterest plans to lay off 15% of its staff and Amazon's 14,000 cuts are expected to come any day now.

CEO of OpenAI, Sam Alden reportedly told his staff of plans to dramatically slow down hiring.

Dear DeBosso is looking at all of this in today's tech check. Morning, Dee.

Hey, good morning, Carl. So the Open AI piece that stands out

because it signals something bigger about where the AI race is heading. Last year, hiring fast was a sign

of growth in winning in AI, but Open AI is now flipping that logic. So CEO Sam Altman in that

Business Insider report, he warned employees that aggressive hiring can actually be a signal of poor

planning and a setup for layoffs once AI starts doing more of the report, he warned employees that aggressive hiring can actually be a signal of poor planning

and a setup for layoffs once AI starts doing more of the work. Now, that doesn't mean that

the AI talent wars are over. In fact, our own Ashley Caput heard from a source that OpenAI

still expects to nearly double its headcount this year. But the key here is that it's planning

to be deliberate so that I can avoid the kind of layoffs

happening now at places like Pinterest and Amazon.

It's also a ratio of discipline from a company that has been under constant pressure

to scale, pointing to a broader shift that investors, they should be watching very

closely as big tech earnings gets underway.

The next phase of AI, it's not about pure expansion.

It's about leveraging what you already have. So, for example, if KAPX continues to climb,

investors should maybe ask how targeted the buildout is. They should scrutinize utilization rates

at those data centers and look for productivity metrics like revenue or free cash flow per employee

rather than raw headcount or just raw spending. So in other words, who's getting the most

out of what they have already spent or workforces that they've maybe already cut and added to

...