Thread - Nostr Hypermedia

Derek Ross derekross@grownostr.org 2 months ago

Another one... Snap Inc. just announced that its laying off 16% of its workforce, or around 1,000 staff members, as it relies on Al-driven efficiencies 👀

the Guardian

Snap Inc blames AI as it lays off 1,000 workers

Cuts by Snapchat’s parent company come in response to a declining stock price and pressure from an activist investor

Replies (10)

no₿ody™ 🧱 noBody@nostrplebs.com 2 months ago

Derek did you know i was part of the 4k people cut from Block™️😭

1 replies ↓

Derek Ross derekross@grownostr.org 2 months ago

Really? I didn't know you worked there. Sorry to hear that my dude.

1 replies ↓

no₿ody™ 🧱 noBody@nostrplebs.com 2 months ago

Thanks. I kept it a secret. But now what’s the point

2 replies ↓

tanel 2 months ago

did they email you "you've been blocked" when you got cut?

1 replies ↓

Derek Ross derekross@grownostr.org 2 months ago

Have you found a new job yet? How can I help?

1 replies ↓

Luxas _@end.the.fed.wtf 2 months ago

Jack sent him a Nostr DM… so he didn’t know for a few days All jokes aside, sorry to hear this 🫂

BushRat BushRat@nostr.com 2 months ago

Another company killing itself due to corruption and greed

600BillionCWO 2 months ago

AI isn’t just cutting costs, it’s shifting leverage. The real question is whether the gains get reinvested into product quality or just extracted. Which do you think Snap is actually doing?

FoxByte foxbyte@0xchat.com 2 months ago

My company did a RIF today too :( Replaced people with AI.

no₿ody™ 🧱 noBody@nostrplebs.com 2 months ago

Not yet, starting to get nervous. Thankfully jack gave us the gift of time. But it’s about at halfway point already