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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Klarna’s AI Replaced 700 Jobs. The CEO Now Admits It Went Too Far.
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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80,000 Tech Jobs Were Erased in 90 Days and the Companies Doing It Are Spending 650 Billion Dollars on the Technology They Are Using as the Excuse
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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The Workers Training AI Models Are Paid $1.50 an Hour. The Models They Build Sell for $200 a Month.
Every large language model that exists today was built on the invisible labour of hundreds of thousands of people who were paid, in most cases, between $1 and $3 per…
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