In order to show some sort of profit, meta is firing 10000 people and closing 6000 open positions, This is biting off your arm to save your foot.

Meta said on Thursday it plans to lay off roughly 10% of its workforce, or about 8,000 people, the latest in a string of tech industry layoffs fueled in part by artificial intelligence.

The company is also closing around 6,000 open roles, Janelle Gale, Meta’s chief people officer, wrote in a memo published by Bloomberg that Meta confirmed to CNN.

This is insane. They are firing workers to replace with AI , the problem is AI can’t walk, it can’t improvise its position, and lastly without AI the only innovation they get is AI hallucination.

The company has also been splurging on talent for its superintelligence lab and has acquired buzzy AI startups like Moltbook and Manus as part of its ongoing efforts to compete with OpenAI and others.

The problem here is that in the past Meta had people working on all sorts of things. now they are doing a ground level overfocus and are putting all of the eggs into one basket and I feel like the payoff is not going to be what meta wants. Give or take companies are all jockeying for position to hit the innovation jackpot on AI. the problem is most of the companies that are playing the CAPEex game is doing it by scaling and not code.

Amazon said in January it would lay off 16,000 workers, its second large-scale layoffs in three months, emphasizing the need for efficiency. fintech firm Block’s announcement in February that it would lay off 40% of its workforce, more than 4,000 people, Meta CEO Mark Zuckerberg hinted at the start of this year that the company, which has invested heavily in AI, could see workforce changes because of the technology. On Meta’s January earnings call, he called 2026 “the year that AI starts to dramatically change the way that we work.”

“We’re starting to see projects that used to require big teams now be accomplished by a single very talented person,” Zuckerberg said.

Here’s my counter-point to this, You fired 16000 positions, if this person is supposedly replacing that many workers, what happens when your Very Talented Person gets sick? Or, a power outage? Or, LLM data loss. Now if your Very Talented Person gets sick your output goes from 14000 to … 1 , Whereas before one person gets sick your output goes from 14000 to 13999. And lets just say for instance the person that would of replaced your Very Talented Person makes an innovation that improves working by triple, you end up having your Replacement guys efficiency 13999 to 41,997.

Like many big tech companies, Meta eliminated tens of thousands of jobs in 2022 and 2023, reductions that were largely attributed to right-sizing after Covid-era spikes in usage and hiring. Last year, the company said it would cut about 5% of what it called its “lowest performers,” although it planned to backfill many of those roles.

This is not right-sizing, this is full on cannibalization, Everyone is jumping for the AI goldrush while some chinese man in his garage is laughing at the Cape-ex and deepseeking the best coffee ideas.

Attributions from: CNN.com Meta to cut 10% of staff as it pours billions into AI