Meta to cut 8000 employees despite $26B Q1 net income

At least they’re not claiming the people aren’t needed due to the AI efficiency.

I don’t really understand the logic behind those massive hiring/firing decisions but both in 2023 and now I’ve been feeling that it’s a fad/trend decision as much if not more than independent reasoning. Everyone around is cutting staff, our board is asking if we can cut some too, boom, X thousand people fired. They claim people to fire are based on merit while insiders online are claiming randomness and often pure chaos in the affected teams.

Also, haven’t heard before about the tracking part but that seems f-ing crazy. I’d be glad to be fired with severance - more time and extra cash to look for another job.

Americans will never quite understand what they bargained away for a government and culture based on freewheeling capitalism and a vague notion of ‘freedom’ that seems to absolve everyone of the one thing real freedom requires: responsibility.

"We would like to thank our employees for working so hard to generate record profits, and value for our executive team and shareholders. We wish you all the best at your next job."

Like all the big companies: no social responsibility, only make more money. Not to employees, not to countries they operate in, not to users. Pure greed.