Meta To Lay Off 10% Of Workforce Amid Ongoing AI Push

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Meta, which owns Facebook, Instagram and WhatsApp, plans to lay off 10% of its workforce amid ongoing investments in generative AI. The company offered details to employees in a memo.

Bloomberg had the first report of the cutbacks, following an earlier one by Reuters that reductions were expected.

Roughly 8,000 employees will be let go, […]

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