Tech & Gadgets

Meta is downsizing by about 10 percent

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Meta is cutting its workforce by 10 percent, resulting in the layoffs of about 8,000 employees and the elimination of 6,000 open positions. This move signals a shift towards efficiency to support investments in AI development, which matters to developers as it indicates Meta's prioritization of AI over other areas like metaverse operations. Further downsizing could be expected as Meta continues to restructure its business.

Read the full article at Engadget


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