On Meta’s Q1 2026 earnings call, CFO Susan Li said the quiet part out loud. “We recently shared internally that we plan to reduce the size of our employee base in May. We believe a leaner operating model will allow us to move more quickly while also helping to offset the substantial investments we are ... Mark Zuckerberg Just Told 8,000 Employees Their Layoffs Are a Line Item in His $145 Billion AI Bill
  • arrow74@lemmy.zipEnglish
    51·
    23 hours ago

    Noooo everyone at meta is making at minimum 300,000 a year.

    They poach their janitors

    • leoj@piefed.zipEnglish
      51·
      22 hours ago

      I would imagine their janitors don’t actually work for meta, but are provided via a complex web of contracts that helps them pay the janitors as little as possible, while enriching a middle man who does… little…

      • Zos_Kia@jlai.luEnglish
        22·
        21 hours ago

        Exactly. Mega corps don’t touch entry level work, they do exactly as you say and pay a friend of theirs so that this friend can steal wages from poor people and guarantee them floor-level prices.