Meta Lays Off Hundreds of Staff as Spending Shifts to AI
The scale is smaller than earlier plans, but it follows internal discussions about deeper reductions
The scale is smaller than earlier plans, but it follows internal discussions about deeper reductions
About 74% of January funding went to deals of $100 million or more, and 57% went to AI-related startups alone
Twisted Pixel Games, Sanzaru Games and Armature Studio are being closed
The decision comes less than a year after the company removed a further 1,000 to 2,000 positions as part of ...
This downsizing is just one piece of an overhaul led by newly appointed CEO Lip-Bu Tan
If you’ve faced redundancy in the last few years, you’re far from alone. The COVID-19 pandemic was a period of ...
…to optimise its operations and enhance growth
This is the start of a long term trend as we see more automation and less need for humans
