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EXPLICITAI LAYOFF

Meta: 8,000 jobs cut

May 20, 2024USTechnologyMeta

Meta has announced the termination of approximately 8,000 employees, representing 10% of its global workforce, as part of a restructuring effort that emphasizes AI-driven roles. This decision comes during a record profit quarter for the company. Employees were required to train AI agents for their own positions prior to the layoffs.

Conservative

8,000

Core Estimate

8,000

Upper Bound

8,000

Sources

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