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35 Meta is cutting up to 15,800 jobs to fund its AI bet — burying the Metaverse it renamed itself for

Silicon Canals
Lachlan Brown @ Silicon Canals 3 place · today 07:35 EDT

Meta is cutting up to 15,800 jobs to fund its AI bet — burying the Metaverse it renamed itself for

Meta is reportedly preparing to lay off a significant portion of its workforce, with reports suggesting reductions that could eliminate thousands of positions and potentially mark one of the company’s largest single rounds of cuts in recent years. The scale is staggering. But the more interesting question is what it reveals about the structural logic ... Read more

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