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.
Read more →
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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