IgniteTech CEO Replaces 80% Workforce for AI, Hits 75% EBITDA Margin
Tuesday, 19 August 2025 ()
In 2023, IgniteTech CEO Eric Vaughan replaced 80% of his workforce amid resistance to AI adoption, prioritizing an AI-first vision that yielded a 75% EBITDA margin and new innovations. While financially successful, the move sparked ethical debates on balancing tech progress with employee welfare. Critics warn it risks alienating talent in a competitive market.
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