Meta’s New Reality: Record High Profits. Record Low Morale
2026-05-14 · WIRED
Meta is axing 10% of its workforce while posting record profits — because nothing says 'efficiency' like making billions and still deciding thousands of humans are surplus to requirements. Employee morale is apparently at rock bottom, but hey, at least the AI models are happy. The company where 'everyone is unhappy' keeps proving that in the age of AI, record profits and mass layoffs are two sides of the same coin.