184
Microsoft and Meta announce large staff reductions as they spend big on AI
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Apr 2026
184 points (100.0% liked)
World News
2207 readers
731 users here now
Rules:
Be a decent person.
No racism, sexism, ableism, homophobia, transphobia, zionism/nazism, and so on.
Other Great Communities:
Rules
Be excellent to each other
founded 2 years ago
MODERATORS
They have to cut their workforce. The whole reason for the AI build out is to make information workers obsolete. If they kept their work force and spent billions in CapEx the market would realize AI is bullshit and their stock would tank.
They have to show gains to keep the AI grift going.