Meta lays off thousands of employees to offset AI investments
The Verge
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Meta says it needs to “offset the other investments we're making. ” | Image: Cath Virginia / The Verge, Getty Images Meta has reportedly notified thousands of employees that they've been laid off as the company attempts to compensate for its hefty AI investments.
In an email from Meta management shared by Business Insider, impacted staffers were told that the planned headcount reduction was part of the company's "continued effort to run the company more efficiently and to allow us to offset the other investments we're making.
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Original source: The Verge