Meta lays off 10% of its staff to finance investments in AI
Meta Platforms is implementing a substantial headcount reduction, aiming to lay off 10% of its workforce, or about 8,000 people. The decision, which was announced to staff in an internal memo, will take effect on 20 May. In addition, the company has decided to halt recruitment for around 6,000 open positions that it had previously [&hellipThe post Meta lays off 10% of its staff to finance investments in AI appeared first on TechCentral.ie.
Justin Tomlinson1 source
Meta Platforms is implementing a substantial headcount reduction, aiming to lay off 10% of its workforce, or about 8,000 people. The decision, which was announced to staff in an internal memo, will take effect on 20 May. In addition, the company has decided to halt recruitment for around 6,000 open positions that it had previously [&hellipThe post Meta lays off 10% of its staff to finance investments in AI appeared first on TechCentral.ie.
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