Meta Platforms plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence. Ed Ludlow reports on “Balance of Power.”
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Blow all your cash on mass surveillance data centers and lay off workers what a financial plan for a CEO great job Facebook is a dying breed next blockbuster
An old classmate of mine’s life unraveled after he got laid off by Meta a couple of years ago. Not the only cause but it definitely went downhill from there.
Meta wasted billions on Zuck’s metaverse idea. And the original FB idea was also stolen. So looks like his ideas suck. And people with kids are going to pay the price.
Didn’t they cut 10% last year?
AI is the next Metaverse…. BILLIONS of Dollars to be burnt and jobs to be decimated. Those at the Top with share options cash out on the upswing and hang around for a golden parachute exit on the downswing.
Meta employees are super well paid and have insane benefits. Don’t cry for them 🙄
fck meta fck ai fck zuck