Meta Shifts Thousands of Workers to New AI Groups as Layoffs Loom

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Meta is reorganizing thousands of employees into AI groups while preparing layoffs affecting roughly 10% of its workforce.

Categories: Money & Moves

Excerpt

<p>Meta Platforms is making broader organizational changes along with impending mass layoffs to better suit its structure to AI, a top executive told staff on Monday.</p> <p>The owner of Facebook and Instagram plans to detail cuts on Wednesday to about a tenth of its nearly 78,000 employees. As company ...</p>