Meta laid off 8,000 jobs, sacrificed a huge AI investment budget. 🤖💼

Meta set out 8,000 employees, sacrificed a huge AI investment budget. 🤖💼

There was another tremor in Silicon Valley when Meta prepared to lay off 8,000 employees on May 20 and cancel 6,000 open positions, telling employees that "there may be more layoffs in the future."

But the most shocking thing is that senior executives have come forward to admit, "They don't know what Meta's proper size should be." 🏢📉

👩‍💼 Susan Li (Chief Financial Officer - CFO) revealed to investors that she "doesn't really know" what Meta's optimal headcount should be, because the potential of AI is now evolving very leapfrog and fast.

👩‍💻 Janelle Gale (Chief Human Resources Officer - CPO) told employees that she could not promise that termination would end here, stating: "Our goals have changed, our competition has increased, and we need to continue to manage costs responsibly."

👤 Mark Zuckerberg (CEO) frankly said at the staff meeting: "I hope I can tell you that I have a magical marble that sees the roadmap for the next three years...But I don't, and I think no one has either. "🔮

💰 At the same time, Meta is doubling its investment in AI infrastructure, which could reach $1.45 billion this year! The company sees this layoff as "offsetting" the huge investment.

The conclusion is worth thinking about...In an age when global technology companies don't know how many employees they need, what they do know for sure is that "humans" become the easiest cost cut.

# deepkub # Meta # Layoffs # AI # MarkZuckerberg# TechNews # IT News # Technology # Working People