| They also got rid of 30,000 people in 2021. Your jobs aren't coming back. Oops ffs2028.com |
| This has nothing to do with AI and everything to do with their repeated failures to create new products even though they’ve spent 100s of billions |
This and their stock prices start to tank so to generate revenue, they lay off.. then they hire more to lay off. |
This. Their product isn't so great and they try to cover that up by saying AI is handling the work so they need to layoff. Eventually companies like Meta will not exist and be replaced by the mega AI brain powered by the mega data center. |
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Analysts have picked this apart and concluded that Meta is spending so much on data centers (with questionable payoff that is at best many years away) that it needs to lay people off in the interim to avoid its profitability taking a severe nosedive.
https://www.reuters.com/business/world-at-work/meta-planning-sweeping-layoffs-ai-costs-mount-2026-03-14/ |