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Meta To Unleash First Wave Of Mass Layoffs May 20 As It Eliminates 10% Of Its Workers
Meta To Unleash First Wave Of Mass Layoffs May 20 As It Eliminates 10% Of Its Workers
The FaceBook currently known as Meta for one failed venture that incinerated nearly $100 billion in cash for its failed transformation to a virtual reality hub while laying off thousands, is at it again.
As we previewed a few weeks ago, Meta - which inexplicably hasn't changed its name to AIbook yet - will proceed with the first wave of mass layoffs planned for this year on May 20, with more coming later, Reuters...
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May 15, 2026 / Tyler Durden
Democrats In Illinois Just Lost Hundreds Of Violent Criminals
Democrats In Illinois Just Lost Hundreds Of Violent Criminals
Authored by Steve Watson via Modernity.news,
In yet another glaring example of failed “criminal justice reform” in blue cities, Cook County, Illinois officials have admitted that 243 dangerous criminals have gone completely AWOL from the county’s pretrial electronic monitoring program.
These include individuals charged with murder, attempted murder, and sexual assault — all supposed to be tracked by ankle monitors while awaiting trial instead of sitting in jail.
The revelation comes straight from Cook County Chief Judge Charles Beach II’s new transparency dashboard, which shows...
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May 22, 2026 / Tyler Durden
Regulators Circle StanChart After CEO's AI Layoff Comments Spark Uproar
Regulators Circle StanChart After CEO's AI Layoff Comments Spark Uproar
It has been a tumultuous week for Standard Chartered CEO Bill Winters.
Winters appeared out of touch with the growing anxiety surrounding mounting white-collar AI-related job losses. He described the bank's AI adoption push as "not cost-cutting," but rather as "replacing lower-value human capital with financial and investment capital."
Such language ignited a firestorm for the CEO and the bank, and by the end of the week, regulatory scrutiny had descended on the firm.
Reuters reports that authorities in Hong Kong and...
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Feb 23, 2026 / Roman Kireev
The End of Artificial Employment
AI is not the killer—it is the coroner.
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