The First Crack in the AI Bubble Just Appeared

Meta Platforms is reportedly considering laying off over 20% of its workforce. The company didn’t confirm anything, but it also didn’t deny the thrust of the rumor, either. The purpose of these theoretical job cuts does not appear to be replacing employees with AI bots, instead it sure looks like the company is trying desperately to conserve a lot cash which raises a bunch of questions about debt and debt markets.Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------Join us for our free webinar Thursday March 26, 2026 at 6pm ET. With credit market developments escalating even more, and major market moves accompanying them, we're going to go over where everything stands but also look forward at the potential scenarios coming out of what continues to look like a global bust. Sign up below:https://eurodollar-university.com/home-page-web----------------------------------------------------------------------------------Meta planning sweeping layoffs as AI costs mount: Reutershttps://www.cnbc.com/2026/03/14/meta-planning-sweeping-layoffs-as-ai-costs-mount-reuters.htmlBIS Financing the AI infrastructure boom: on- and off-balance sheet borrowinghttps://www.bis.org/publ/qtrpdf/r_qt2603u.htmHow AI Companies Are Keeping Debt Off Their Balance Sheetshttps://www.bloomberg.com/news/articles/2025-10-31/meta-xai-starting-trend-for-billions-in-off-balance-sheet-debthttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU