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Explore Big Tech Cut 950,000 Jobs... And Then Hired Them All Back with 963,238 views, 23,169 likes, and 2,289 comments. Experience the impact of this video content that has captured audience attention.

🚀 Streamline your entire business with Odoo — the all-in-one, easy-to-use ERP platform that centralises, automates, and scales your operations from sales and accounting to inventory and eCommerce. Check them out using my link 👉🏻 https://www.odoo.com/r/IW9 ---- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://www.howmoneyworkslibrary.com/ Listen on Spotify - https://open.spotify.com/show/5gi1JobDJC3QqaF4aKfenR?si=f3IsgWIlSKObF8BT1Fitig ----- My Other Channel: @HowBusinessWorked @HowMoneyWorksUncut @De-Monetised Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #career #money #tech *** Sources *** https://finance.yahoo.com/technology/ai/articles/laying-off-8-000-employees-121545621.html https://www.hrgrapevine.com/us/content/article/2025-02-10-meta-begins-streamlining-with-4000-jobs-to-go https://www.cnbc.com/2025/10/22/meta-layoffs-ai.html https://finance.yahoo.com/technology/articles/morale-bad-mark-zuckerbergs-meta-130000803.html https://www.trueup.io/layoffs https://www.cnbc.com/2026/03/31/oracle-layoffs-ai-spending.html https://www.nytimes.com/2026/05/19/business/tech-layoffs-blind.html https://www.visier.com/blog/employee-turnover-contagion/ https://assets.ctfassets.net/lbgy40h4xfb7/4bSlWfU8lg5cvr077P5GA5/1f0fc190a46cf3f9cb402c0481ccf56c/rep-TurnoverContagion.pdf https://www.bloomberg.com/news/articles/2024-06-20/ford-recalls-delay-launch-of-new-bronco-and-explorer-models https://www.bloomberg.com/news/articles/2026-06-25/ford-has-been-rehiring-quality-inspectors-after-ai-fell-short https://www.businessinsider.com/google-layoffs-employees-discord-emotional-support-financial-advice-job-2023-2 https://hbr.org/2024/10/research-the-long-term-costs-of-layoffs https://www.nature.com/articles/s41586-024-07500-2 https://www.yahoo.com/lifestyle/articles/people-sharing-brutal-ways-found-093102021.html https://news.stanford.edu/stories/2022/12/explains-recent-tech-layoffs-worried https://www.wheresyoured.at/techs-elite-hates-labor/ https://www.bamboohr.com/about-bamboohr/press-release/return-to-office-survey-2024 https://www.macrotrends.net/stocks/charts/META/meta-platforms/net-common-equity-issued-repurchased https://www.macrotrends.net/stocks/charts/META/meta-platforms/stock-based-compensation https://www.bloomberg.com/news/articles/2026-06-18/big-tech-s-ai-spending-spree-is-making-stock-buybacks-disappear https://www.nytimes.com/2026/07/17/business/ai-spending-oracle-stocks-bonds.html https://www.businessinsider.com/stock-market-orcl-ai-oracle-credit-downgrade-bond-market-warning-2026-7 https://hrexecutive.com/oracles-layoff-package-puts-severance-benchmarking-under-the-microscope/ https://www.nber.org/system/files/working_papers/w8630/w8630.pdf https://thenextweb.com/news/coinbase-aws-outage-layoffs-worst-week https://www.inc.com/pam-didner/companies-are-rehiring-workers-they-cut-for-ai-and-the-reason-is-a-wake-up-call-for-leaders/91367369 https://www.cnet.com/tech/services-and-software/coinbase-ai-world-cup-hallucination-fake-score/ https://finance.yahoo.com/markets/crypto/articles/coinbase-boss-fires-700-workers-185830229.html ------ n May of this year Meta announced that it would be laying off around 8,000 employees or around 10% of its entire workforce, just two months before that it laid off a further 700 people, and two months before that it was another 1,500 people again. In 2025, it laid off a further 4,000 people (including a large chunk from its AI division), and this was all on top of the record layoffs from its "year of efficiency" (which actually lasted three years) and cut an additional 26,000 jobs… Now obviously this hasn't been great for morale, even after the Zuck mandated that people start having fun again, BUT, if you do the math… that's collectively around 40,000 people that have been laid off over the last four and a half years… all from a company that only had around 75 thousand employees to begin with. Now obviously big tech in particular has been changing rapidly; companies are investing hundreds of billions of dollars into AI development which means they just have less free cashflow to pay their staff AND a greater incentive to justify that very same investment by doing (supposedly) AI enabled layoffs. But if this really is happening so broadly, how many jobs do these companies really have left to cut? Well the good news (or the inconvenient truth) is… uhh… basically just as many as they started with. Soo… what was all of this for?

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