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Meta Lays Off 10 Percent Workforce in AI Push
Meta has begun a sweeping global restructuring that includes laying off around 8,000 employees, equivalent to roughly 10 percent of its workforce.
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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.
