Meta is planning to lay off 10% of its workforce in May, and more layoffs are planned later in the year, according to a report.
    • Echo Dot@feddit.ukEnglish
      2 hours

      I don’t understand how Facebook has so many employees. What do they do, what does their standard day look like.

      If I don’t show up to my job there’s loads of tasks that wouldn’t get done but Facebook is a website, it can’t honestly need so many employees especially when they never really change anything.

  • NekoKoneko@lemmy.worldEnglish
    11 hours

    Banafa says he urges his students to use AI.

    “Don’t be left behind. I mean, if you see any kind of new tools in AI, any new projects by the big name, by OpenAI or Google, go and learn it. Get certifications, take classes that would make you in the front of the line when it comes to hiring,” he said.

    You can smell the misguided desperation from the person quoted through the screen.

    They’re laying off 10% of the workforce and simultaneously rewarding employees who waste as many AI resources as possible, including the one employee who burned $1.4 million in tokens in one month.

    It’s a contest in tech right now who can signal the hardest that they’re “AI-first,” and Zuck continues to show his lack of imagination and independent thought by lighting 10% of the company on fire to make the most smoke in a valley already choking on its own smoldering fumes.

    • Echo Dot@feddit.ukEnglish
      2 hours

      Even if the whole idea of having employees use AI as much as possible wasn’t stupid in and of itself tracking token usage is a terrible way to do it.

      It’s like trying to work out how much work has been done in a warehouse by tracking employees calories, sure the people who’ve burnt more calories have probably done more work but it’s not one to one equivalency.

      I can mess around with an AI for an hour using thousands of tokens up and produce nothing tangible at the end. If I’m going back and forth trying to get an AI to write a piece of code and that takes me an hour to get a result that I could have written myself in 15 minutes, then I’m not being productive. But I sure as hell used up a lot of tokens.

      • NekoKoneko@lemmy.worldEnglish
        13 minutes

        This exactly. Tech employees are metric hacking to look good to AI-obsessed bosses, who are too clueless to understand that maybe, just maybe, employees want promo more than they want AI to change the world and take their jobs.

        This guy was almost certainly using a swarm of AI agents to make the token burn more efficient.

  • TheReturnOfPEB@reddthat.comEnglish
    10 hours

    is there a big seven lay off tracking website ?

    because i’m pretty sure they have laid off 123% in the last 13 months

    • ExcessShiv@lemmy.dbzer0.comEnglish
      3 hours

      Not including the cuts mentioned here, it looks like meta has reduced the number of employees by about 20% so far compared to last years highest count.

      The other have seemingly kept hiring so their staff cuts have not shown in official numbers as far as I can tell. source

    • sloppy_diffuser@sh.itjust.worksEnglish
      10 hours

      Don’t know if they can. If I’m recalling correctly he holds enough Class B shares to retain supermajority voting power.

    • Echo Dot@feddit.ukEnglish
      2 hours

      I’ve been there, (not exactly but in a similar situation) it’s just something to stick on your resume. People get massively over excited if they hear you worked at one of the big tech companies. The automatically assume that everyone who works there is a super genius. This even works for Microsoft employees.

      This happens because recruiters never know anything about the industry that they’re recruiting for, so they’re just looking for easy hints and “worked at Meta” is a good, if not particularly necessarily accurate, hint that this person knows what they’re talking about.

  • Lemmyng@lemmy.worldEnglish
    15 hours

    Shouldn’t have gone all in on the Metaverse, eh, Fuckerburg?

    • Tollana1234567@lemmy.todayEnglish
      7 hours

      zuckerborg thought he could download the thoughts of humans into his robot body, but he doesnt have the technology to do so.

      • NekoKoneko@lemmy.worldEnglish
        8 minutes

        Zuckerberg: If I burn all our fossil fuels and lay off thousands more employees, then finally AI will teach me what humans call love.

    • XLE@piefed.socialEnglish
      14 hours

      Don’t worry, they’ve definitely hitched their horse on the right Next Big Thing this time!

    • No1@aussie.zoneEnglish
      9 hours

      Their AI must be shit if they can only lay off 10%.

      A good AI would let you lay off at least 50%

  • Auth@lemmy.worldEnglish
    7 hours

    What is the actual issue with these layoffs? Why do they always get spammed around and everyone gets mad. Big companies churn employees whats the problem? Do we need to celebrate when they hire 10% back in the next month.