Meta (META) Rebounds on Targeted Layoffs Amid Heavy AI Spending Efforts
Meta initiates moderate layoffs targeting Reality Labs, social media, and recruiting, aiming to cut costs amid heavy AI investments and rising employee expenses.
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Meta initiates moderate layoffs targeting Reality Labs, social media, and recruiting, aiming to cut costs amid heavy AI investments and rising employee expenses.
Meta is in talks to integrate Google’s Gemini or OpenAI models into Meta AI while accelerating development of its own Llama 5 and hiring top AI talent.