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
  • GamingChairModel@lemmy.worldEnglish
    2·
    23 hours ago

    Hey now, that infrastructure is good for, like, 3 years, so it’s really like spending $145 billion to save $81 billion. And that doesn’t even start to get into how much it costs to operate that infrastructure.