Meta begins cutting 8,000 jobs this week as record profits fund a $145 billion AI infrastructure bet

14 hrs ago 11

Meta will begin cutting approximately 8,000 jobs on 20 May, the largest single round of layoffs the company has undertaken since its 2023 restructuring, in a move that lays bare the scale of Mark Zuckerberg’s bet that artificial intelligence infrastructure is worth more than the people it replaces. The company is also cancelling 6,000 open […] This story continues at The Next Web


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