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MODERATEAI LAYOFF

Meta: 10,000 jobs cut

November 9, 2023USTechnologyMeta

Meta announced significant layoffs affecting up to 20% of its workforce, amounting to around 10,000 jobs, as it simultaneously boosts investment in artificial intelligence. This decision reflects the company's shift towards integrating more AI technologies, which has implications for its staffing structure.

Conservative

0

Core Estimate

4,000

Upper Bound

7,000

Sources

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