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STRONGAI LAYOFF

Meta: 20,000 jobs cut

March 14, 2023USTechnologyMeta

Meta has announced a significant workforce reduction, cutting 20% of its staff as part of an AI-driven push. This decision impacts approximately 20,000 jobs, reflecting the company's strategic shift towards automation and AI technologies. The layoffs are positioned within the context of ongoing investments in AI.

Conservative

0

Core Estimate

15,000

Upper Bound

20,000

Sources

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