Meta Shifts 7,000 Staff into AI Roles as It Plans 8,000 Job Cuts

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Source: Engadget
Meta Shifts 7,000 Staff into AI Roles as It Plans 8,000 Job Cuts
Photo: Engadget
TL;DR Summary

Meta is reassigning 7,000 employees into four new AI-focused units while planning to lay off about 8,000 — roughly 10% of its workforce — and offering 16 weeks of severance plus two extra weeks per year of service as it pivots toward AI and expands its data-center investments.

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