Mark Zuckerberg’s Meta has revealed plans to eliminate approximately 8,000 positions, representing 10 percent of its workforce, as part of a broader efficiency initiative aimed at balancing substantial investments in AI technology.
Bloomberg reports that Mark Zuckerberg’s Meta has announced a significant workforce reduction that will affect roughly 8,000 employees, representing 10 percent of the company’s total staff. The social media giant communicated the decision to its workforce through an internal memo distributed on Thursday.
According to the announcement, the layoffs are scheduled to take effect on May 20. The cuts are part of a…
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