AI Vs Jobs: Meta Axes 8,000 Employees, Microsoft Slashes 8,750 Jobs | AI Push Sparks Mass Cuts
- Meta Axes 8,000 Jobs as Zuckerberg Doubles Down on AI – And the White-Collar Bloodbath Gathers Pace
by MARTHA WILLIAMS, US REAL ESTATE & CONSUMER REPORTER, https://www.dailymail.com/
Meta has confirmed it will slash roughly one in 10 jobs – around 8,000 roles – as Mark Zuckerberg plows billions into artificial intelligence in a bid to reshape his company around the fast-moving technology. The cuts, first reported earlier this month, were confirmed by the company on Thursday. Meta will initiate the job cuts on May 20, and is discarding all plans to hire people to fill 6,000 roles that are currently open, according to a memo sent to employees, reported on by Bloomberg.
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