Meta is set to have layoffs starting off the year, and this is to expand more of their AI development as per its CEO.
Mark Zuckerberg warns that 5% of Meta workforce is going to be cut; and "low performers" will be targeted first.
Meta has undergone significant restructuring since 2022, beginning with the layoffs of approximately 11,000 jobs. In 2023, ...
Meta is planning to cut about 5% of its workforce, with a specific focus on the company's lowest-performing employees.
CEO Mark Zuckerberg said in the memo ... Reuters reported. The layoffs come after the company scrapped its U.S. fact-checking program last week and reduced curbs on discussions around ...