Meta – The social media giant cuts 8,000 jobs globally and bets fully on AI!
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Meta is cutting 8,000 jobs worldwide and eliminating another 6,000 unfilled positions to radically realign the company around Artificial Intelligence. With a capital expenditure (CapEx) of $135 billion just this year, Mark Zuckerberg is making his biggest strategic bet to date. CEO Mark Zuckerberg is aggressively pushing the transformation into a AI-centric organization. Mass layoffs begin in Singapore – Zuckerberg radically restructures the company Meta Platforms is initiating another wave of harsh restructuring, consistently shifting the...
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