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Meta says it will cut 8,000 jobs as AI spending grows - BBC

The cuts, which employees had been expecting for weeks, will be Meta's largest layoff since 2023.

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A key reason for the layoffs is Meta's increased spending in other areas of the company, including AI, for which it will this year spend $135bn (£100bn). This is roughly equal to the amount it has sp… [+89 chars]

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