Meta To Lay Off 10% Of Workforce Amid Ongoing AI Push

Meta To Lay Off 10% Of Workforce Amid Ongoing AI Push

Meta, which owns Facebook, Instagram and WhatsApp, plans to lay off 10% of its workforce amid ongoing investments in generative AI. The company offered details to employees in a memo. Bloomberg had the first report of the cutbacks, following an earlier one by Reuters that reductions were expected. Roughly 8,000 employees will be let go, […]

Original Source

Read the full article at Deadline →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.