[arexxbifs]

Meta fired 8,000 employees not two weeks ago: "[Meta] revealed to employees in April that it would conduct a major round of layoffs the following month while nixing plans to fill 6,000 open positions. The company told workers in a memo at the time that the job cuts were intended to help offset investments into other areas like AI." [1]

That sounds exactly like funneling money away from hiring and into AI investments to me.

As for COVID overhiring, Amazon doubled their workforce during the pandemic. I'm sure plenty of those hires are still employed. During their latest layoff, they also spoke about "shifting resources to invest more in artificial intelligence".[2]

[1] https://www.cnbc.com/2026/05/20/meta-layoffs-zuckerberg-says... [2] https://www.cnbc.com/2025/11/21/amazon-cut-thousands-of-engi...