Are tech layoffs different this time? A Meta source speaks out

Tech layoffs are back — and this time, AI is reshaping the rules. Meta is expected to lay off another 8,000 employees next week, roughly 10% of its remaining staff, after first announcing the cuts last month. Those impacted will join the more than 100,000 tech workers who've received layoff notices since January from companies like Oracle, Coinbase, and Snap. Some tech leaders blame the rise and cost of AI; others are simply continuing a pattern of reducing headcount wherever possible. We hear from The Standard's tech editor, Heather Kelly, on what makes this moment different and how it's throwing once-secure workers for a loop. Then we speak with author and grief therapist Claire Bidwell Smith about processing the complicated emotions tied to job loss — and what it means to grieve the life you thought you'd lead. Plus, an anonymous Meta source speaks about the May 20th layoffs. For more information, visit: https://sfstandard.com/pacific-standard-time/ Support this podcast from The San Francisco Standard by becoming a subscriber: ⁠https://sfstandard.com/subscriber