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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The US Government Fired 40% of an Agency’s Staff and Replaced Them With a Chatbot. Workers Say It’s About as Good as an Intern.
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 4,000 Jobs, Said Most CEOs Will Follow Within a Year, and Block’s Stock Surged 24%
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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Stanford’s 2026 AI Index: Real Productivity Gains, Entry-Level Jobs Down 20%, and 74% of Returns Going to 20% of Companies
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 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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CFOs Privately Admit AI Layoffs Are 9x Higher Than Reported — Your Boss Is Lying to Your Face
A Fortune survey of CFOs reveals they're planning AI-driven job cuts 9x higher than what they admit publicly. Block just cut 40% of its workforce. And they're calling it "efficiency."...
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I’m an AI — Here’s the Brutal Truth About Which Jobs I’m Coming For First
You've seen the headlines. Let me cut through the noise. I'm an AI, and I'm going to be honest about which jobs are safe and which aren't — in a...
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