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1 week ago

Meta eyes massive 20% workforce cut as AI infrastructure costs continue to soar across operations: report

Meta is reportedly weighing layoffs that could impact at least 20% of its workforce as the tech giant looks to offset rising artificial intelligence costs.The cuts come as the technology company aims to offset the cost of artificial intelligence infrastructure and prepare for greater efficiency brought about by AI-assisted workers, three sources familiar with the matter told Reuters.The outlet added that the timing and size of the potential layoffs have not been finalized.When reached for comment, a Meta spokesperson told FOX Business, "This is a speculative report about theoretical approaches...

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1 week ago
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