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Meta is planning sweeping layoffs as AI costs mount

⁨186⁩ ⁨likes⁩

Submitted ⁨⁨22⁩ ⁨hours⁩ ago⁩ by ⁨FallenWalnut@lemmy.world⁩ to ⁨technology@lemmy.world⁩

https://www.reuters.com/business/world-at-work/meta-planning-sweeping-layoffs-ai-costs-mount-2026-03-14/

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Comments

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  • kescusay@lemmy.world ⁨21⁩ ⁨hours⁩ ago

    AI expected to create efficiencies

    Couldn’t help but chuckle at that bullet point. We should know by now that AI creates lots of cognitive debt and unstable, vibe-coded software, but one thing it absolutely doesn’t seem to do is make things more efficient long term.

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    • yggstyle@lemmy.world ⁨19⁩ ⁨hours⁩ ago

      See we replaced people with costs to run virtual people that would make oracle blush. Are the virtual people any good? Goodness no.

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      • kescusay@lemmy.world ⁨15⁩ ⁨hours⁩ ago

        Oh, but they provide hallucinations and bug-ridden, incomprehensible code faster than anyone! That’s progress, right? Right?

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    • errer@lemmy.world ⁨16⁩ ⁨hours⁩ ago

      The problem here is “expected.” Maybe they’re right and AI will do what they say…well, show us the receipts first then before you ruin thousands of people’s lives?

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  • FallenWalnut@lemmy.world ⁨22⁩ ⁨hours⁩ ago

    The layoffs could be as high as 20% of the company!

    We can’t keep rewarding Big Tech for choosing AI over people.

    We need to make the switch to support smaller & better businesses - reminder about purchasewithpurpose.io to help you get started.

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    • GameOverFlow@lemmy.zip ⁨21⁩ ⁨hours⁩ ago

      Also we shout stop to buy us tech producs completly.

      www.goeuropean.org

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      • TuxEnthusiast@sopuli.xyz ⁨20⁩ ⁨hours⁩ ago

        EU is going down the same path. The “EU” alternative stuff is just bogus.

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      • FallenWalnut@lemmy.world ⁨21⁩ ⁨hours⁩ ago

        Agreed! There are lots of excellent EU-based alternatives.

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    • ji59@hilariouschaos.com ⁨20⁩ ⁨hours⁩ ago

      I don’t think AI is to blame. They just don’t need those people. I heard big tech hired a lot of people to steal them from smaller businesses, so they could not compete with them. If those employees had been useful to them, they wouldn’t fire them.

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    • biofaust@lemmy.world ⁨21⁩ ⁨hours⁩ ago

      I want to do that if there is a deal in which part of what I spend is reinvested in hiring workers at humane rates.

      Or, even better, in sharing ownership with the workers.

      The “bodega romanticism” is something I see as a huge societal issue, also because I can imagine a lot of “bodegas” actually dreaming to achieve the same kind of success of Big Tech.

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  • Zephorah@discuss.online ⁨20⁩ ⁨hours⁩ ago

    I feel like we’re watching billionaires race yachts. One person bought a yacht so then they all had to have a yacht and now they’re racing them against one another because gif done fucked up reason that competition really gets them off.

    Only it’s AI/data centers instead of yachts.

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    • Knock_Knock_Lemmy_In@lemmy.world ⁨19⁩ ⁨hours⁩ ago

      The all need to race yachts because there is only space for one yacht on paradise island.

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      • 0x0@lemmy.zip ⁨19⁩ ⁨hours⁩ ago

        You mean Epstein island?

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  • rayyy@piefed.social ⁨20⁩ ⁨hours⁩ ago

    Yet people STILL use Meta. Friends and family say switching is too hard. They are comfortable with this shit.

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    • Zephorah@discuss.online ⁨20⁩ ⁨hours⁩ ago

      Inertia is one of the primary negative forces that moves humanity.

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      • snooggums@piefed.world ⁨18⁩ ⁨hours⁩ ago

        Keeps humanity moving in the same direction.

        😉

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    • 0x0@lemmy.zip ⁨19⁩ ⁨hours⁩ ago

      It’s always the network effect.

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  • CompactFlax@discuss.tchncs.de ⁨18⁩ ⁨hours⁩ ago

    Running out of cash for the AI runway are we?

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  • atropa@piefed.social ⁨16⁩ ⁨hours⁩ ago

    You guys still use meta ?

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    • null@lemmy.org ⁨16⁩ ⁨hours⁩ ago

      Deleted Facebook, but everyone is know is still maintaining an IG.

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  • DarrinBrunner@lemmy.world ⁨20⁩ ⁨hours⁩ ago

    They’re throwing away the one asset that could dig them out of this hole, if only they’d admit they fucked up royally.

    This bubble won’t burst, it will explode.

    Any ideas for how we can hasten the end? I sure would like to stop them before they build more data centers.

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  • shittydwarf@sh.itjust.works ⁨21⁩ ⁨hours⁩ ago

    Image

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  • rants_unnecessarily@piefed.social ⁨21⁩ ⁨hours⁩ ago

    How about instead of cutting people who actually make money, you made that AI pay for itself?

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    • db2@lemmy.world ⁨21⁩ ⁨hours⁩ ago

      Image

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      • rants_unnecessarily@piefed.social ⁨21⁩ ⁨hours⁩ ago

        ??

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  • ace_garp@lemmy.world ⁨21⁩ ⁨hours⁩ ago

    Layoff the AI already :P

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  • yggstyle@lemmy.world ⁨15⁩ ⁨hours⁩ ago

    I never expected to say… Man. I bet the investors are really wishing lizard man stuck with the metaverse.

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  • 0x0@lemmy.zip ⁨19⁩ ⁨hours⁩ ago

    Oh no… anyway.

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