Meta To Cut 10% Of Workforce, About 8,000 Jobs, Amid AI Spending Push

Meta said it will cut 10% of its workforce, or roughly 8,000 employees, as the company moves to boost efficiency and offset heavy spending on artificial intelligence. The layoffs are scheduled for May 20, according to an internal memo, and Meta also plans to cancel about 6,000 open positions it had intended to fill. The […]

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