Business Insider analyzed layoff memos from firms like Meta and Disney, which highlighted "AI," speed, and building in corporate restructurings.
Layoff memos this year love one phrase: 'AI'
By
Jordan Hart
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The two groups made up more than half of Meta's layoffs in California and Washington state. Meta is embracing small teams and AI…
Meta told laid-off workers that the cuts would help fund other priorities. It's a blunt sign of how spending in the AI era is…
What makes this combustible: at the very moment that tens of thousands of workers are being shown the door, a small cohort of AI…
Companies like Wix, Snap, and Block have all recently pointed to AI to explain cuts.
Meta has laid off 8,000 staff.
