Some outlets are reporting 20% or more in total for 2026.
13 replies (most recent on top)
second half will happen in Aug and it will be 90%
Zuckerberg has ruined an entire generation.
First off, his Instagram, Whatsapp and Facebook products have gotten the world addicted.
Second off, he told the planet, the kids need to learn coding.
Half the kids who used his products had their grades slammed, lost interest in studies and more.
The other half who went into the CS route and learnt to code are not finding jobs.
Zuck - can you answer the world?
Working at META and seeing many coworkers burn through cash on cars .. boats, snowmobiles, second homes ..
Can be sold to Anthropic new hires ...
@hp I'm old... I am retired from tech but I saw the same behaviors throughout my career. People making well into the six digits living from paycheck to paycheck. A lot of them were over leveraged and got crushed when the dotcom bubble burst. I saw the same before the financial crisis when people were again leveraged to max and this time owned 4-5 houses. They markets crashed house prices fell and they couldn't pay the mortgages or find renters. Greedy people blaming other greedy people for causing their problems. I also know a lot of people who started saving young , worked hard, and are comfortably retired. I survived over a dozen layoffs through out my career by being a necessary employee, I stayed current on technology, and was the go to person to fix hard problems.
AI is a different story. Far more people are going to be impacted even solid performers. Get your financial house in order while you still have a job.
second homes
Rent out.
The rest can be sold.
Retirement life.
“Interesting comment on TheLayoff:
‘At least some of us old-timers have savings, but what do the young folks do? Mom and Dad will have to make room for them.’
Working at META and seeing many coworkers burn through cash on cars, toys, expensive vacations, dining out, food delivery, cleaning services, landscapers, boats, snowmobiles, second homes, and skidoos, I’m hard-pressed to name many who actually saved money. I won’t even get started on the credit card debt I’ve seen.
What I’m witnessing now is a mix of panic, denial, and total meltdown.”
Have people really been able to find jobs after layoffs? The unemployment rate for USA hasn't changed much even with these huge layoffs. Makes me think those numbers are fake.
@OP At the end of the day, all these hyperscalers will only have 10000 employees running the show if not less. This is the future with AI. At least some of us old timers have some savings, but what do the young folks do. Mom and Dad will have to make room for them.
@OP Whatever happened to all these corporate CEOs going up on stage and telling the world, AI is going to create jobs. Really? When?
Rich getting richer, Poor getting poorer, and Middle class now join the POOR!
company is scrapping plans to hire people for 6,000 open roles, according to a Thursday memo to employees. So 8,000 layoffs, ~6000 non-hire plus another 10,000+ layoffs in a few months.
get those free cafeteria lunches asap .....
Another 12,000 coming in the upcoming months.
Almost definitely. I hope I go in the first round, I can't bare this an longer. Already survived so many rounds.
Yes
More coming