BBC News – World ·world ·4 hours ago

Meta to cut one in 10 jobs after spending billions on AI

Meta announced plans to cut 10% of its workforce, equating to around 8,000 jobs, as it reallocates resources toward artificial intelligence. The company, which will spend $135 billion on AI this year, marks this as its largest layoff since 2023. CEO Mark Zuckerberg noted a dramatic future shift in workplace productivity due to AI advancements.

Summary by Glance · BBC News – World

Next