Tech & Gadgets

Meta is reportedly planning to cut up to 20 percent of its staff in upcoming layoffs

Ali NematiAli Nemati1 day ago30 sec read22 views

Meta is reportedly planning to cut up to 20 percent of its workforce in upcoming layoffs, marking one of the largest such reductions in the company's history; this comes amid heavy spending on AI acquisitions despite revenue reaching nearly $60 billion for the quarter and over $200 billion annually. For content creators, these layoffs could signal a shift towards more automation and AI integration within Meta’s platforms, potentially altering how content is produced and consumed online.

Read the full article at Engadget


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Ali Nemati
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