this post was submitted on 16 May 2026
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'Everyone is unhappy': Meta plans to cut 8,000 workers after one of the most lucrative quarters in the company's history: $56.31 billion in revenue (moneywise.com)
submitted 1 day ago by VetOfTheSeas@discuss.online to c/business@lemmy.world
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[–] rf_@lemmy.world 13 points 22 hours ago

At this point in the story, we’re seeing people lose their jobs to AI not because it can replace them, but because companies want to spend more money on AI.