Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 04/18/2026 10:53:40 AM PDT by Olog-hai
Mark Zuckerberg’s Meta plans to lay off 10% of its workforce in a companywide bloodbath next month – with even more cuts to follow later in the year, according to a report Friday.
The Instagram parent will ax nearly 8,000 employees in the initial round set for May 20, Reuters reported. More layoffs are expected in the second half of the year, but Meta executives have yet to decide how extensive they will be or exactly when they will occur.
Meta’s plans could be adjusted based on the state of the company’s artificial intelligence capabilities, sources ominously told the outlet.
The bloodbath is unfolding as Zuckerberg shifts more resources toward the development of AI. Meta, which is scrambling to keep pace with rivals like Anthropic and OpenAI, has teed up $135 billion in capital spending this year alone. …
(Excerpt) Read more at nypost.com ...
|
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
Learn to Pipe Wrench, children.
Guess Biden dispensed some bad advice. “Learn to code.”
Evil, despicable billionaires!
They should be forced to give all of their $$$$ to [ FILL-IN-THE-NAME OF ANY DEMOCRAT / DEMOKKKRAT ]
Zuck really was a 1-hit wonder.
DARPA money ran out ?
Zuck really was a 1-hit wonder.
—
Had to settle with the guy he stole the idea from.
Could have been this week’s thread of a “bombshell.”
Breaking: Bombshell Bloodbath.
Awwwwwwww.
Zuck really was a 1-hit wonder.
################
More like a 240,000,000,000 hit wonder.
Anyone who depended on Zuckerberg to be a benevolent dispenser of jobs is foolish indeed!
Lay off the H-1B visas first you curley haired jerk off.
AI, bruh….
I don’t feel sorry for any of these people.
What they pulled in 2020 is not something I’m going to forget
AI puts AI out of business? Shouldn’t AI tell us these things?
Joseph Schumpeter would approve....Creative Destruction on steroids.
looks like the hi-tech oligarchs are all following in the footsteps of elon musk, who laid off 80% of twitter employees almost overnight without a hiccup to production ... given the 80/20 rule [now 90/10], where 20% of the employees do 80% of the work, why not just layoff the unnecessary 80% and save all of that unnecessary cost?
His job is to make money for the company. It’s not a charity and it shouldn’t be. If he thinks, people are needed for some divisions then he must cut the fat. Elon did that with the government and nobody noticed the cuts.
Why do they call it a “bloodbath?” Maybe they should call it a “brainbath”.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.