Meta is set to reduce its global workforce by 20% as part of a significant restructuring effort scheduled for May 20. The company plans to reassign 7,000 employees to focus on artificial intelligence initiatives, according to a report by Reuters. This move underscores Meta's strategic pivot towards AI as it seeks to enhance its technological capabilities and streamline operations.
Meta to Cut 20% of Workforce, Redirect 7,000 Employees to AI
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