Meta cuts 8,000 jobs as AI spending surges and efficiency drive accelerates

Business

Meta Cuts 8,000 Jobs As Ai Spending Surges And Efficiency Drive Accelerates

By AP News

Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires. The company said it was making the cuts fo ...Read more