according to reutersMeta wants to offset spending on AI and data centers with massive layoffs. Sources familiar with the matter say the company may lay off 20 percent of its employees, resulting in the elimination of about 15,800 positions. This will be the biggest series of layoffs at the company as it sacked 22,000 employees in just a few months between November 2022 and early 2023.
Meta did not immediately respond to a request for comment.
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