Meta Plans Massive Layoffs Due to Rising AI Costs

According to a Reuters report, the Facebook company Meta is planning extensive layoffs that could affect more than 20% of the workforce. The goal is to offset the sharply rising costs of investments in artificial intelligence while simultaneously increasing the company's efficiency. A specific timeline for the potential layoffs has not yet been established, but executives are reportedly already beginning to examine scenarios for workforce reductions. If the extent is indeed implemented, it would mark the largest job cut since the major restructuring...