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Meta plans to lay off about 8,000 employees as AI spending soars
The move comes as co-founder and chief executive Mark Zuckerberg makes a priority of delivering 'superintelligence' in a costly AI race against rivals including Amazon, Google, Microsoft and OpenAI. Reports on Thursday also indicated that Microsoft is looking to trim its ranks with voluntary buyouts of some US employees.
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cnbc.com
Meta will cut 10% of workforce as it pushes more into AI
Meta will lay off 10% of its workforce, equating to about 8,000 employees, as it continues investing heavily into artificial intelligence.
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axios.com
Meta to lay off 8,000 as part of AI efficiency push
The cuts come as Meta looks to offset rising AI infrastructure costs.
