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Standard Chartered To Replace "Lower-Value Human Capital" With AI As Meta Layoff D-Day Nears
"We are scaling practical uses of automation ..."
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theverge.com
With mass layoffs plannned, Meta reassigns thousands of employees to AI initiatives.
The New York Times and Reuters report that a memo was sent to Meta employees on Monday reassigning 7,000 of them, and said that “As org leaders worked on the changes, many of them…
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straitstimes.com
Meta lays out details of May 20 restructuring in internal document
It will transfer 7,000 staff to AI initiatives, eliminate managers. Read more at straitstimes.com. Read more at straitstimes.com.
