The Bad PlaceBusiness Latest | Meta’s New Reality: Record High Profits. Record Low Morale by Paresh Dave, Lauren Goode, Steven Levy, Zoë Schiffer
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Meta is preparing to cut about 10 % of its workforce—roughly 8,000 jobs—adding to the 25,000 layoffs announced over the past four years, and employees describe the atmosphere as “historically low” morale, with unhappiness widespread except among senior executives. The dip in morale stems from a combination of factors: shrinking compensation (share‑based raises cut for two consecutive years), widening pay gaps, costly AI initiatives, mandatory installation of tracking software that records U.S. staff’s keyboard and mouse activity to train internal AI models, and recent legal setbacks that highlighted the company’s product harms. Workers are protesting the AI surveillance, some are trying to form a UK union with United Tech & Allied Workers, and many hope to be laid off to collect severance and health benefits. While Meta’s ad business continues to generate strong profits—nearly $27 billion in Q1—the company is simultaneously spending billions on AI talent and infrastructure, creating tension between high‑level financial performance and the everyday experience of employees who feel pressured, undervalued, and uncertain about their future.
Read more: https://www.wired.com/story/meta-layoffs-bad-vibes-mark-zuckerberg-ai/
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