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    Michał "rysiek" Woźniak · 🇺🇦 (rysiek@mstdn.social)'s status on Sunday, 15-Mar-2026 01:23:18 JSTMichał "rysiek" Woźniak · 🇺🇦Michał "rysiek" Woźniak · 🇺🇦

    Meta reportedly plans sweeping layoffs as AI costs increase
    https://www.theguardian.com/technology/2026/mar/13/meta-layoffs-ai

    > Sources tell Reuters layoffs could affect 20% or more of company as plans reflect broader tensions within big tech

    Of course Meta is pretending this is because "effectiveness gains in AI".

    But if an industry is laying off tens of thousands of people, maybe it's not magic, but an industry in deep crisis. Using "AI" as a convenient excuse to not have stockholders worried.

    In conversationabout 7 days ago from mstdn.socialpermalink

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      Meta reportedly plans sweeping layoffs as AI costs increase
      from Reuters
      Sources tell Reuters layoffs could affect 20% or more of company as plans reflect broader tensions within big tech
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