Meta to cut 10% of jobs to ‘offset’ Mark Zuckerberg’s AI spending

Financial Times: The $1.7tn social media group on Thursday told staff in a memo that it was laying off the staff in order to “run the company more efficiently and . . . offset the other investments we’re making”.

Meta also said that it was no longer filling 6,000 positions that it had initially planned to hire for, according to several people familiar with the matter…

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