Meta to Slash 3,600 Jobs: A Strategic Pivot Towards AI Ambitions
Meta is gearing up for its largest layoff yet, cutting 3,600 employees, equivalent to 5% of its workforce. This move targets the lowest performers in the US, Asia, and Africa, sparing European regions due to strict labor laws. This restructuring points to Mark Zuckerberg's strategic shift towards AI and machine learning, as the company also begins major hiring in these high-tech areas.
Feb 9