Tech layoffs 2026: Nearly 153,000 jobs cut at Meta, LinkedIn, Salesforce, Robinhood and more
5h 26m ago by lemmy.world/u/return2ozma in technology from tech.yahoo.com
And you have Suckerberg saying his employees need to enjoy themselves.
... while they can <insert evil laugh>
Meta's you kind of expect. They're cranking down R&D on VR and up R&D on AI in their research wing, and while maybe some people have enough overlap in skillset to retain, a lot are going to be specialized.
I'd also add that I think that's probably a good move. They'd caught a lot of flak for a long time over the potential returns on VR being limited, and by this point, they've lost a lot of money on it. I don't think that there's a clear path to a point where their Metaverse stuff takes off.
I don’t think that there’s a clear path to a point where their Metaverse stuff takes off.
They already gave up on the whole Metaverse fiasco a few months ago... but their are not even really developing AI either, the latest layoffs were "justified" saying they would invest in AI. Sounds like all they want is to be part of the circular investment scam for a while