Meta Is Cutting 15,000 Jobs to Build an AI-First Workforce
The company is spending $135 billion on AI while eliminating 20% of employees and rebranding engineers as 'AI Builders.'
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The company is spending $135 billion on AI while eliminating 20% of employees and rebranding engineers as 'AI Builders.'
OpenAI plans 8,000 employees by year-end. The number of people focused on making AI safe across the industry? They'd fit on a transatlantic plane.
Meta, Block, and Atlassian lead a surge in AI-justified workforce cuts, but critics warn companies are 'AI washing' routine cost-cutting as technological progress.
At Morgan Stanley's TMT Conference, the dominant question wasn't about returns - it was whether there will be any jobs left. A survey of 1,000 executives reveals workforce reductions are already underway.
Jack Dorsey slashes nearly half of Block's workforce while profits rise 24%. Is this the future of work or the biggest AI washing yet?