"Meta plans to cut 10% of its workforce, which amounts to roughly 8,000 employees, as it increases its investment in artificial intelligence projects to $135 billion this year."
"Mark Zuckerberg noted that workers utilizing AI tools have become significantly more productive, stating that one individual can now accomplish tasks that previously required a large team."
"The company has already laid off around 2,000 workers in two smaller rounds this year, with employees anticipating deeper cuts as Meta shifts its focus towards AI development."
"Meta's recent decision to track and log employee interactions with work computers has raised concerns among staff, with one employee describing the move as 'dystopian' amid the impending layoffs."
Meta will reduce its workforce by 10%, equating to around 8,000 jobs, while also not filling thousands of open positions. The layoffs are attributed to increased spending on AI, projected to reach $135 billion this year, which matches the total spent on AI in the previous three years. Mark Zuckerberg indicated that AI will significantly change work dynamics by 2026. The company has already laid off about 2,000 workers this year and is shifting focus towards AI development, including tracking employee interactions to enhance AI models.
Read at www.bbc.com
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