This... can't be a signal of strength. There's a fine line between being agile and being erratic.
AI investment makes total sense as a proximal explanation. Minimize debt by trimming OpEx, then reinvest in compute. Seems smart.
And yet - this is what, the third layoff in 5 years? And weren't they doing aggressive performance cuts too? Are they workforce planning in 12 week sprints or something?
This reminds me of an overspending sports team: just toss together overpriced players/coaches, underperform, fire them all, do it again.
They have done more targeted layoffs as well like the FAIR layoffs in 2025 and the RL layoffs in January 2026, as well as the 5% performance cut in February 2025.
AI investment makes total sense as a proximal explanation. Minimize debt by trimming OpEx, then reinvest in compute. Seems smart.
And yet - this is what, the third layoff in 5 years? And weren't they doing aggressive performance cuts too? Are they workforce planning in 12 week sprints or something?
This reminds me of an overspending sports team: just toss together overpriced players/coaches, underperform, fire them all, do it again.