D-Day For “Huuuge” Meta Layoffs Looms As AI Job Apocalypse Accelerates
‘D-Day’ for Meta layoffs is quickly approaching, as the Facebook and Instagram owner will slash 10% of its global headcount – or about 8,000 employees – in the initial round as it swaps headcount for GPUs.
Former Meta employee Adel Wu described the current situation on X, saying her millennial and Gen Z friends still at the tech company are currently “either just waiting, hoping to get laid off or extremely anxious because the job is their lifeline.”
Welcome to the accelerating AI job apocalypse, affecting white-collar youngsters with lots of student debt.
Wu described the upcoming Wednesday layoff announcement as “huuge” and noted, “I remember the very first big layoff the night before was almost like doomsday, people were stuffing their bags with free snacks and drinks and chargers.”
https://www.zerohedge.com/markets/d-day-huuuge-meta-layoffs-next-week-ai-job-apocalypse-accelerates
