Meta Reports Potential 20% Staff Reduction Amid AI Investment
Meta is reportedly considering laying off up to 20% of its staff, which would amount to around 15,800 jobs, as the company shifts focus toward AI and data centers. This move follows a reduction in investments in VR and the Metaverse, and comes amid ongoing challenges with its smart glasses and chatbots. The company has not officially confirmed the layoffs.
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Topics: AI Layoffs Meta Tech Industry Workforce Reduction