Mark Zuckerberg says AI spending and war drove Meta layoffs
In a few weeks, Meta will lay off 10% of its workforce—around 8,000 employees out of the company’s workforce of 78,000. In a recent Q&A with employees, CEO Mark Zuckerberg (not the AI clone version) shed some light on the reasons behind the downsizing. According to a report by the Wall Street Journal, Zuckerberg blamed the layoffs to data center and AI infrastructure spending. “We [basically] have two cost centers in the company,” Zuckerberg said, according to the Journal,...
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