Meta ‘planning sweeping lay-offs’ as AI costs mount – The Irish Times

Meta ‘planning sweeping lay-offs’ as AI costs mount – The Irish Times

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Meta is planning sweeping lay-offs that ‌could affect 20 per cent or more of the company, three sources told Reuters. The reported move comes as the Facebook and Instagram parent seeks to offset costly artificial intelligence (AI) infrastructure bets and prepare for ​greater efficiency brought about by AI-assisted workers. No date has been set for…

Zuckerberg‘s Focus On Generative AI, Meta Planning Sweeping Layoffs As Artificial Intelligence Costs Mount

Zuckerberg‘s Focus On Generative AI, Meta Planning Sweeping Layoffs As Artificial Intelligence Costs Mount

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Zuckerberg ‘s Focus On Generative AI, Meta Planning Sweeping Layoffs As Artificial Intelligence Costs Mount | Image: Freepik/Representative Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency…