Biggie Smalls, the rapper also known as the Notorious B.I.G., wasn’t lying when he said more money means more problems. While blue-collar industries in the US grapple with a labor shortage, typically higher-paying white-collar jobs are disappearing by the thousands. Blame the BotsJeff Bezos’ company isn’t the only one accelerating a so-called white-collar recession. Pinterest announced via a recent filing with the Securities and Exchange Commission that it plans to trim its 5,200-person workforce, by less than 15%. As AI-related layoffs accelerated late last year, experts told CNBC that some companies may be AI-washing their job cuts.