More likely being shifted to India. The biggest bank in Australia claimed the same thing, firing 350 people while hiring over a 1000 on the down-lo at the same time in Bangalore.
Gari_305 on
From the articleÂ
Meta’s latest round of job cuts shows how far Big Tech is willing to lean on automation to boost efficiency and cut costs. The shift underscores a broader trend : tech giants from Meta to Amazon, are using technology and at times AI, not just to build products, but to reshape their workforces.Â
sciolisticism on
A few important notes:
1. Not an AI layoff. This is simple automation.
2. The number of jobs cut is described as “a number”. A bit hard to tell what the impact is here. There are many numbers to choose from.
etakerns on
This is a business decision. He has to pay for all the people he’s stealing from other AI companies.
king_rootin_tootin on
I always read these articles and wonder if they didn’t actually just lay people off and they say they are being replaced by AI so investors don’t think the companies are in trouble
ebfortin on
Create a narrative that AI is so good it can replace people. Then fire people saying it’s because of AI. All the while selling product that are, you guessed it, AI.
k-mcm on
They’re doing hire & fire cycles to lower wages. It’s a trick that has been ongoing since COVID.Â
7 Comments
More likely being shifted to India. The biggest bank in Australia claimed the same thing, firing 350 people while hiring over a 1000 on the down-lo at the same time in Bangalore.
From the articleÂ
Meta’s latest round of job cuts shows how far Big Tech is willing to lean on automation to boost efficiency and cut costs. The shift underscores a broader trend : tech giants from Meta to Amazon, are using technology and at times AI, not just to build products, but to reshape their workforces.Â
A few important notes:
1. Not an AI layoff. This is simple automation.
2. The number of jobs cut is described as “a number”. A bit hard to tell what the impact is here. There are many numbers to choose from.
This is a business decision. He has to pay for all the people he’s stealing from other AI companies.
I always read these articles and wonder if they didn’t actually just lay people off and they say they are being replaced by AI so investors don’t think the companies are in trouble
Create a narrative that AI is so good it can replace people. Then fire people saying it’s because of AI. All the while selling product that are, you guessed it, AI.
They’re doing hire & fire cycles to lower wages. It’s a trick that has been ongoing since COVID.Â