Meta* fires thousands of employees: how AI is changing the future of the company
By ForGeeks Meta* (owner of Facebook*, Instagram* and WhatsApp) has announced the start of unprecedented staff cuts that will affect thousands of professionals worldwide. Employees received the first notices on February 10, but sources predict new waves of layoffs. The main reason is the corporation’s sharp turn towards the development of artificial intelligence (AI) and AGI (artificial general intelligence) technologies. Meta* restructuring: focus on AI and the “year of efficiency” According to internal documents, about 4,000 employees in the US, Europe and Asia will lose their jobs. Priority is given to US offices. Back in January, Mark Zuckerberg warned: more than 5% of the staff will be cut due to an “extremely challenging year”. The CEO called it part of a “year of efficiency” – a strategy that is reshaping […]
And that’s what the company is doing.
The article Meta* Fires Thousands of Employees: How AI is Changing the Future of the Company was first published on ITZine.ru.
