… In an email from Meta management shared by Business Insider, impacted staffers were told that the planned headcount reduction was part of the company’s “continued effort to run the company more efficiently and to allow us to offset the other investments we’re making.” Reports of an upcoming wave of… …
Meta is planning to pump billions more into AI investments this year, despite noting that millions of users have seemingly started to abandon its platforms. …
… Snap had about 5,261 full-time employees as of December 2025, and now joins the growing list of tech companies that have already announced significant layoffs this year, including Meta, Amazon, Oracle, GoPro, and Jack Dorsey’s Block. “Last fall, I described Snap as facing a crucible moment, requiri… …
… The Alliance runs an online tracker of layoffs attributed to AI. So far, it’s tallied over 110,000 job losses in the US. Many have been at large tech companies — 30,000 came from layoffs at Oracle alone. …
… In January 2018, ahead of Microsoft’s first big OpenAI investment, Microsoft CTO Kevin Scott was worried about not investing in OpenAI. “I guess the other thing to think about here is the PR downside of us not funding them, and having them storm off to Amazon in a huff and shit-talk us and Azure on… …
… Schloesser said the retaliation for speaking out didn’t come as a total surprise. “Pretty much as soon as I started I was aware of this culture of fear that Amazon creates — they do it with layoffs, they do it with performance improvement plans, stack ranking us to compete against each other, unreg… …
Virtual Reality Richard Lawler May 18 With mass layoffs plannned, Meta reassigns thousands of employees to AI initiatives. …
… I’m hoping we don’t see another round of layoffs before Microsoft’s new financial year starts in July, but as a company reshaping every part of its business around AI, nothing feels off the table. …
… It’s part of Mercedez-Benz’s $1 billion investment to build 400 EV charging hubs. Ionna, the EV charging company backed by seven automakers, is beginning to take shape Abigail Bassett Jun 11, 2024 Daimler’s driverless semi trucks will hit the road in 2027 Andrew J. …
… You hire them to make slide decks that justify layoffs to your board and shareholders. Big consulting firms are great at this, and now they’re just going to generate those decks with AI. They are already doing this and the layoffs have already begun. …