Meta said it would cut 10% of it employees while Microsoft will offer voluntary retirement to about 7% of workers
  • Dead_or_Alive@lemmy.world
    3·
    4 hours ago

    They have to cut their workforce. The whole reason for the AI build out is to make information workers obsolete. If they kept their work force and spent billions in CapEx the market would realize AI is bullshit and their stock would tank.

    They have to show gains to keep the AI grift going.