Meta planning sweeping layoffs , 20% of company
kmdoW1
No.522886
>It looks like Meta is gearing up for another round of cuts (20% or more of the workforce) to offset the costs of their AI pivot. This is something that got mentioned during the Walmart cuts, even well performing units were getting axed to free up capital for AI spend.
Codebhangi bros....WHAT THE FUCK IS GOING ON?
vcMJfj
No.522895
>>522886(OP)
Its because all companies developing their own LLMs are tolerating heavy losses, no LLM till now has made profits, read the article, it says that they're trying to cut cost on swe's so that they can invest that money on lama which is offering heavy losses, its a risky endeavour tht they're doing ngl
3Gbhcf
No.522896
>>522886(OP)
Yaar job milegi ki nahi future mai
iA9Yy8
No.522903
>>522886(OP)
>Meta
It is a failed irrelevant company lmao, metaverse failed so bad, they were literally selling "real estate" in metaverse, zuck renamed Facebook only for it become completely meaningless.
kmdoW1
No.522910
>>522896
Don't worry. You will.
iA9Yy8
No.522913
It isn't even AI, just think about what meta even does? Both Facebook and Instagram are finished products, they need maintainers but that is it, Meta is not really a technology company, they make their money from advertisements.
kmdoW1
No.522926
>>522913
They're trying to be more than a ad company through AI investment.
iA9Yy8
No.522967
>>522926
yeah just like metaverse it is another one of their experiments, truth is these companies have lots of cash which they don't really know what to do with, so they are free to burn it on whatever is the new rage.
