Meta Begins 8k Global Job Cuts in AI Efficiency Push
Meta Platforms Inc. has begun notifying thousands of employees about layoffs as part of a restructuring effort focused on cost reduction and investment in artificial intelligence. The notifications started in Asia and are expected to reach US-based staff soon. In Ireland, approximately 350 jobs have been cut, representing about a fifth of the workforce there.
- ▪Meta Platforms Inc. is laying off thousands of employees as part of a restructuring effort.
- ▪The layoffs began in Asia and will extend to US-based staff.
- ▪In Ireland, around 350 jobs have been cut, which is about a fifth of the workforce.
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Meta Platforms Inc. is alerting thousands of employees that they’re being laid off, part of a previously announced restructuring aimed at reducing costs while the company invests heavily in artificial intelligence.The company began notifying workers around the world Wednesday morning, starting with employees across Asia, who got the note at 4 a.m. Singapore time. US-based staff are also expected to receive word during their morning, according to an internal memo. In Ireland, the company cut around 350 jobs, an estimated fifth of its workforce there, according to a person familiar with the matter who asked not to be identified ...
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