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Meta informs staff of layoffs affecting 8,000 employees amid AI push - Fox Business

As AI spending booms, Meta announces 8,000 layoffs while Microsoft offers voluntary retirement to thousands of employees amid tech reductions.

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Meta has informed its staff it will let go of roughly 8,000 employees — approximately 10% of its workforce — as it looks to bolster its presence in the artificial intelligence space.  The employees … [+2318 chars]

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