Meta Laying Off 8,000 Employees on May 20 as AI Spending Reaches Up to $135 Billion in 2026
Summary
Meta is cutting 8,000 employees and eliminating 6,000 open positions on May 20 to offset surging AI investment of up to $135 billion in 2026.
Description
Meta is cutting 8,000 employees and eliminating 6,000 open positions on May 20 to offset surging AI investment of up to $135 billion in 2026.
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