Tech & Gadgets

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

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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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