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Meta lays off 8,000 employees, shifts focus to AI development and workforce automation

Meta lays off 8,000 employees, shifts focus to AI development and workforce automation

On May 20, Meta will notify 8,000 employees of their termination, representing 10% of its global workforce. The layoffs are driven by the company’s strategy to redirect resources toward artificial intelligence development, with internal memos indicating the cuts are necessary to offset rising AI-related expenses. Simultaneously, Meta will eliminate plans to fill 6,000 open positions, … Weiterlesen …