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TommyGunz531

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calendar_today06-01-2009 13:36:38

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JUST IN: Meta $META is planning sweeping layoffs that could affect 20%+ of its workforce, or roughly 15,800 of its ~79,000 employees, per Reuters. Would be the company’s largest cuts since the 2022-23 “year of efficiency.” No date set. AI infrastructure costs cited as a driver.

JUST IN: Meta $META is planning sweeping layoffs that could affect 20%+ of its workforce, or roughly 15,800 of its ~79,000 employees, per Reuters.

Would be the company’s largest cuts since the 2022-23 “year of efficiency.” No date set. AI infrastructure costs cited as a driver.