Meta Posted $201 Billion in Revenue. Then It Scheduled 8,000 Layoffs for May 20.
Meta will cut 10% of its workforce on May 20 despite $201B in 2025 revenue. Here is what the financial numbers say about who these layoffs serve.
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Meta will cut 10% of its workforce on May 20 despite $201B in 2025 revenue. Here is what the financial numbers say about who these layoffs serve.
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Two attacks on Sam Altman's home in four days. A suspect with an anti-AI manifesto. Only 23% of the American public views AI positively. The data connects these dots.
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Goldman Sachs put numbers on AI's monthly job toll and analysed 40 years of displacement data. The workers most at risk of permanent wage loss are not who the headlines...
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DOGE fired 40% of GSA's staff and gave the survivors an AI chatbot to absorb the work. Federal employees say it performs about as good as an intern. The agency...
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Jack Dorsey cut 40% of Block's workforce and told shareholders most companies will do the same within a year. Block's stock surged 24%. Here is what the data actually shows.
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AI screening tools filter millions of job applications before a human reads them. Federal regulators have confirmed the bias problem is real, and the legal exposure is growing.
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Stanford's 2026 AI Index confirms AI productivity gains are real. It also shows entry-level software jobs are down 20% and 74% of AI's economic returns are captured by just 20%...
Read more →Klarna's AI chatbot replaced 700 customer service workers in 2024, cut response times, and saved millions. By 2025, customer satisfaction had dropped 22% and the CEO was hiring humans again....
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In the first quarter of 2026, nearly 80,000 tech workers lost their jobs and almost half of those cuts were explicitly blamed on AI. Goldman Sachs says 16,000 jobs a...
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Every few months, a new study comes out saying AI will create more jobs than it destroys. The headlines get written. The think pieces follow. LinkedIn fills up with posts…
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