The company, which has committed over $100 billion to AI capital expenditures this year, had just under 80,000 workers at the end of March.

Meta is reassigning 7,000 employees into AI teams while cutting 8,000 jobs as the company sharply increases investments in artificial intelligence infrastructure.

Meta begins significant global layoffs, cutting thousands of jobs as it prioritises substantial investment in artificial intelligence. Read more at straitstimes.com. Read more at…