💻 Technology 12h ago · Skye Jacobs

Meta to cut 8,000 jobs to bankroll its AI ambitions

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Meta to cut 8,000 jobs to bankroll its AI ambitions
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The move reflects a broader pattern across major technology companies, where AI spending is rising even as headcount declines. Meta has projected record capital expenditures this year and announced several multibillion-dollar AI partnerships in recent months. Internally, employees have been encouraged to use AI agents in day-to-day work, including software...Read Entire Article

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