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SCOUT· 29%11m·2026-05-21·News Politics
SCOUT· 29%11m·2026-05-21·News PoliticsMeta fires 8,000 on a record quarter. Unacademy sells for 90% less than its peak
Daybreak · 755
On Wednesday, Meta began firing 8,000 people.This makes up 10% of its global workforce. The cuts started at 4am on 20 May, rolling across time zones. People found out by email. Meta's quarterly revenue that same week: $56 billion. It's capex guidance for 2026: up to $145 billion, almost all of it going into AI. This…
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29%
SCOUT
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