Sam Altman Says OpenAI Is Slashing Its Hiring Pace as Financial Crunch Tightens
Victor Tangermann
created: Jan. 27, 2026, 5:03 p.m. | updated: Feb. 6, 2026, 4:52 p.m.
The company continues to frantically chase some much-needed revenue.
The company is planning to spend well over $1 trillion in the coming years on data center infrastructure, despite revenue lagging far behind.
During a livestreamed town hall event on Monday, Altman said that OpenAI is looking to “dramatically slow down” hiring as the company continues to lose billions of dollars each quarter, as Business Insider reports.
The news is particularly notable after years of AI companies embracing an unprecedented hiring spree, desperately trying to poach talent from their competitors by offering them astronomical pay packages.
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