otherJune 18, 2026Issue #37

Meta is gutting its engineering team while OpenAI bleeds billions

Meta is tearing out its engineering core — the team that built the tools we actually use. Leadership shake-ups, layoffs, and restructures are rolling out across the company, and the engineering org is taking the hardest hit. La migra app, para que nos entendamos: big tech is eating its own.

OpenAI, meanwhile, is burning through billions of dollars a year. The numbers are out, and they're sobering. The company that promised to reshape the world is bleeding money faster than anyone expected. Two tech giants, two different kinds of unraveling.

Both stories point to the same reckoning: these companies built for a certain era of cheap capital, loose hiring, and endless growth. Now the bills are due. For the engineers, it means fewer jobs, more pressure, and less job security. For the rest of us — la gente que depende de estos servicios y estos salarios — it means watching the institutions we rely on figure out who can actually afford to keep going.

Why this matters for us: the restructuring of big tech's engineering teams and OpenAI's financial drain signals a broader shift that could affect job stability and service costs for working families across the country.

A ver cuánto aguanta esta industria.

arstechnica.com

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