Meta to Lay Off Up to 20% of Staff
Meta is reportedly planning to lay off up to 20% of its workforce, which translates to approximately 15,800 positions. This decision comes as the company shifts its focus from virtual reality and the Metaverse to investing heavily in artificial intelligence and data centers. The layoffs would mark the largest reduction since the company let go of 22,000 workers in late 2022 and early 2023.
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