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#Meta to cut 10% of staff as it pours billions into #AI

Meta said Thursday it plans to lay off roughly 10% of its workforce, or about 8,000 people, the latest in a string of #tech industry #layoffs fueled in part by #ArtificialIntelligence.

The company is also closing around 6,000 open roles, Janelle Gale, Meta’s chief people officer, wrote in a memo published by Bloomberg.

The layoffs will go into effect on May 20.

#jobs #labor #AIisComingForYourJobs
bloomberg.com/news/articles/20…