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Sam Altman Says OpenAI Is Slashing Its Hiring Pace as Financial Crunch Tightens

April 28, 2025 | Futurism AI
Sam Altman Says OpenAI Is Slashing Its Hiring Pace as Financial Crunch Tightens
Tomohiro Ohsumi/Getty Images In a memo sent out to staff last month, OpenAI CEO issued a “code red” urging employees to double down on improving the company’s flagship product ChatGPT, as financial pressure loomed and competitors gained ground. The company continues to frantically chase some much-needed revenue. Despite Altman calling ads a “last resort for us as a business model” in 2024, the company announced earlier this month that ChatGPT will soon sta