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Meta's AI Pivot: Layoffs and Restructuring

Published 17 hours ago
Description

Metas gearing up for significant layoffs, with AI progress influencing the plans. Over seventy-three thousand tech jobs have been lost this year, including Amazons thirty thousand corporate cuts and Blocks nearly half-team reduction. Metas shuffling teams into new AI and small business units, with nearly seventy-nine thousand employees. This AI pivot is reshaping Big Tech, making the situation intriguing for all involved.

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