meta_pixel
Tapesearch Logo
Log in
Tech Brew Ride Home

Tue. 03/14 – Meta Has Now Cut 1/4th Of Its Workforce

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 14 March 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

Those expected layoffs have come to Meta. AI tools come to Google Workspace and an API for Google’s PaLM language model. Seems like things have generally worked out with this Silicon Valley Bank aftermath. Microsoft laid off its AI risk team. Layoffs at Y Combinator. And a look at the standard that’s trying to keep over the air broadcast television relevant. Sponsors: Notion.com/ride Links: Meta to cut another 10,000 jobs and cancel ‘low priority projects’ (TechCrunch) Google announces AI features in Gmail, Docs, and more to rival Microsoft (The Verge) Google opens up its AI language model PaLM to challenge OpenAI and GPT-3 (The Verge) FDIC Planning Another Silicon Valley Bank Auction (WSJ) Venture capitalists weigh Silicon Valley Bank salvage operation (FT) Microsoft just laid off one of its responsible AI teams (Platformer) Y Combinator to End Late-Stage Startup Fund, Lays Off Staff (The Information) The future of TV is up in the air (The Verge) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Tech Mem Right Home for Tuesday, March 14th,

0:07.0

2023. I'm Brian McCullough today. Those extra expected layoffs have come to Meta.

0:12.0

AI tools come to Google workspace and an

0:15.2

API for Google's Palm language model seems like things have generally worked out

0:19.8

with the Silicon Valley Bank aftermath. Microsoft laid off its AI Risk team layoffs at

0:25.8

White Combinator as well, and a look at the standard that's trying to keep over-the-air

0:30.0

broadcast television relevant. Here's what you missed today in the world of tech.

0:38.9

Those additional layoffs from Meta have arrived in a morning post Mark Zuckerberg said Meta plans to cut another

0:45.0

10,000 jobs and withdraw around 5,000 open rolls. It is not yet filled and cancel some more projects.

0:53.4

This comes just four months after cutting 11,000 jobs.

0:57.7

Quoting Tech Crunch.

0:59.1

Combined, this means that Meta has effectively laid off or plans to lay off roughly one quarter of its workforce since the tail end of last year.

1:07.0

Facebook's parent firm said it expects the latest restructuring efforts to start in April and the process to impact business groups in May.

1:16.0

Zuckerberg said that the company will also cancel lower priority projects adding that it

1:20.4

quote under estimated the indirect costs associated with these

1:23.3

initiatives this will be tough and there's no way around that

1:26.4

Zuckerberg wrote in a memo to staff that was subsequently published to the

1:29.7

public it will mean saying goodbye to talented and passionate colleagues who have been part of our success.

1:35.0

They've dedicated themselves to our mission and I'm personally grateful for all their efforts."

1:40.0

Zuckerberg added that after the restructuring efforts are complete, the company will lift its hiring freeze

1:44.3

across its various groups."

1:46.1

End quote.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Amalgamated Internets, LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Amalgamated Internets, LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.