Meta is weighing major layoffs as it pours billions into AI

Tech Insider : Technology, Business
Meta CEO Mark Zuckerberg
Meta CEO Mark Zuckerberg

Wally Skalij/Getty Images

Layoff announcements are reading more like AI-era manifestos

Tech Insider : Business, Economy, Technology
Two men in a split screen. The one on the left has a hat. The one on the right has a beard.
Atlassian CEO Mike Cannon-Brookes (left) and Block CEO Jack Dorsey have written memos announcing layoffs and explaining their visions for their respective companies.

Kevin Dietsch/Getty Images; JoeRaedle/Getty Images

A software CEO called me on the weekend recently with painful predictions. One is already coming true.

Tech Insider : Business
The Atlassian logo on a Formula 1 car
The Atlassian logo on a Formula 1 car

Marcel van Dorst/Reuters

Atlassian's CEO spelled out 3 types of employees spared in his layoffs — and it's good news for graduates

Tech Insider : Business
Mike Cannon-Brookes walks around during the annual media and tech conference in Sun Valley
Last year, Atlassian CEO Mike Cannon-Brookes said that his company would have more engineers working for it in five years than it did then.

Brendan McDermid/Reuters

Watch what Atlassian's CEO said in a 4-minute video on the company's AI-induced layoffs

Tech Insider : Business, Style
Mike Cannon-Brookes
Atlassian's CEO told staff in a video that AI is reshaping the company's workforce as it cuts about 1,600 jobs.

Brook Mitchell/Getty Images

Atlassian says it's laying off 10% of its global workforce and attributes the cut to the 'AI era'

Tech Insider : Business, Economy, Technology
Atlassian CEO Mike Cannon-Brookes.
Atlassian CEO Mike Cannon-Brookes. The company is laying off 10% of its employees.

Reuters

Companies laying off staff this year include Amazon, Citi, and Atlassian — see the list

Tech Insider : Business, Technology
eBay app
eBay is cutting about 800 jobs.

Thomas Fuller/NurPhoto via Getty Images

Bobbi Brown shares how she found her second act: 'I just worked on myself — from the inside out.'

Tech Insider : Business
Bobbi Brown standing and smilling
Bobbi Brown told Business Insider that it's normal to feel bad after getting fired.

ANGELA WEISS / AFP

How rage room happy hours became all the rage

Tech Insider : Economy, Business
A group of colleagues from a school in the Bronx smashes teacups, printers and other electronics in a

Corrie Aune for BI

Layoffs are feeling awfully tempting for a lot of companies right now

Tech Insider : Economy, Business, Technology
Empty desks in an office
A general view of empty desks in an office in central London

Kirsty O'Connor/PA Images via Getty Images

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