IllustrativeMeta cuts 8,000 jobs as Mark Zuckerberg bets the company’s future on AI
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Meta has cut a significant number of jobs, reportedly around 8,000, as part of a shift in focus towards artificial intelligence. The company's CEO, Mark Zuckerberg, has acknowledged that the progress of the company's AI technology has been slower than expected, with some reports suggesting the strategy may have been miscalculated. The exact number of layoffs may be uncertain, with one outlet reporting 10% of the workforce being let go, but the move is seen as a major bet on the company's future in AI.
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