Meta is reportedly laying off 8,000 employees, about 10% of its workforce, despite record profits. This ‘Year of Efficiency’ has bred dread as funds shift from staff to AI infrastructure, with billions earmarked for AI development. Employee morale is at historic lows, with some even hoping for layoffs due to generous severance packages. Meta is reportedly laying off 8,000 employees, about 10% of its workforce, despite record profits. This ‘Year of Efficiency’ has bred dread as funds shift from staff to AI infrastructure, with billions earmarked for AI development. Employee morale is at historic lows, with some even hoping for layoffs due to generous severance packages.
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