Topic: tech layoffs 2024

  • Meta Loses AI Talent to OpenAI, Anthropic Despite $2M Salaries

    Meta Loses AI Talent to OpenAI, Anthropic Despite $2M Salaries

    As companies pour billions of dollars into AI infrastructure, demand for AI talent to program and run these AI data centers is also greatly increasing. Meta is currently offering $2M+/yr in offers for AI talent and still losing them to OpenAI and Anthropic. The tech industry average is around 40% to 50%, with the retention rate dropping over the past couple of years due to layoffs. Next to it is Google’s DeepMind, which has a retention rate of 78%. Massive tech companies used to be the dream job...

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