Meta targets 20 May for 8,000 layoffs as it redirects billions toward AI infrastructure

The Next Web
Read full post
Meta plans to lay off 8,000 employees by May 20 as it reallocates billions of dollars to build AI infrastructure. The company is shifting its focus and resources toward AI development.

More on this story


More in Business & Enterprise

Apple’s first foldable is the iPhone Duo, and it costs $1,999

Covered by 6 sources

Mistral Seeks to Grow Enterprise Customer Base Through Cloudera Partnership

Covered by 3 sources

DOJ Probes Nvidia’s Tie-Up With Groq on Antitrust Concerns

Covered by 2 sources