Meta Made $56B in Q1 and Is Still Firing 8,000 People to Pay for AI

<!-- SC_OFF --><div class="md"><p>Meta has revealed a new internal program called the “Model Capability Initiative,” and it’s about as cynical as it sounds. The company is

Meta has reportedly notified thousands of employees that they've been laid off as the company attempts to compensate for its hefty AI investments. In an email from Meta management

<!-- SC_OFF --><div class="md"><p>They cut close to 8,000 employees this year</p> </div><!-- SC_ON --> &#32; submitted by &#32; <a

<!-- SC_OFF --><div class="md"><p>From 猫总 on 𝕏: <a href="https://x.com/catmangox/status/2048680484037935200">https://x.com/catmangox/status/2048680484037935200</a></p>

<table> <tr><td> <a href="https://www.reddit.com/r/singularity/comments/1tl47n6/exclusive_departing_meta_staffer_posts_biting/"> <img alt="Exclusive: Departing Meta Staffer Posts

Meta CEO Mark Zuckerberg had a bold plan to replace his employees with AI, but backed down amid a staff revolt. Our reporter Katie Paul will answer your questions about our

<!-- SC_OFF --><div class="md"><p>Open AI plans to double their workforce, Meta is firing . Where to check all at once.</p> <p>I built a tool where you can track who is

Meta is reportedly planning layoffs of up to 20% of its workforce as it ramps up spending on AI infrastructure.<p>The assumption seems straightforward: fewer employees + more AI =