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Ivan on Tech (Ivan Liljeqvist)
Claim author · 📅 20.05.2026 · BITCOIN: THE BIG OPPORTUNITY FOR 2026-2027...
Fulfilled

"Approximately 50,000 workers were laid off in 2026 as companies adopted a more AI-reliant business model. And the latest one is Meta. In Singapore, they're cutting and cutting, they are reducing by 8,000 people to be more lean, to to lean heavily on AI."

Fulfilled. The claim that approximately 50,000 workers were laid off in 2026 as companies adopted more AI-reliant business models is confirmed by research indicating nearly 50,000 AI-linked layoffs by May 2026.. Reports of Meta's layoffs, in...
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Verification ✦ Analysis generated with AI Pro
Methodology The claim that approximately 50,000 workers were laid off in 2026 as companies adopted more AI-reliant business models is confirmed by research indicating nearly 50,000 AI-linked layoffs by May 2026.. Reports of Meta's layoffs, including approximately 8,000 employees globally with notifications starting in Singapore on May 20, 2026, are also widely confirmed. Meta explicitly linked these cuts to AI investments and restructuring towards AI-driven models.
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🔄 Last review: 20.06.2026 📥 Added: 20.06.2026
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AI-generated analysis: This result is an assessment by a language model, not an expert opinion or a legally binding verdict. Verify sources before making any decisions. Model: gemini-2.5-flash

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Uh the day before that we spoke about Coinbase firing. Each and every day, literally each and every day today, we are seeing someone firing thousands and thousands and thousands and thousands and thousands of office workers okay? If you are if you are an office worker, you are working against the clock. So, approximately 50,000 workers were laid off in 2026 as companies adopted a more AI-reliant business model. And the latest one is Meta. In Singapore, they're cutting and cutting, they are reducing by 8,000 people to be more lean, to to lean heavily on AI. And emails were sent out at 4:00 a.m. Singapore time to affect employees and staff in US and Europe were also expected to be notified that morning. So, there you go. Meta is one of the several big tech firms cutting staff. Everyone's cutting staff. The cuts also hit crypto firm such as Block. Block laid off 4K workers in March. Coinbase and Crypto

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