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Meta Cuts 8K Jobs, Invests in AI
Published 1 day, 14 hours ago
Description
Meta Platforms, in a cost-cutting move, lays off around 8,000 employees, primarily from engineering and product teams. This shift aims to fund AI projects, with CEO Mark Zuckerberg prioritizing AI for long-term growth. However, experts warn of potential employee morale and engagement issues due to staff reductions.
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