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131 Zuckerberg tells Meta employees the layoffs are about capex, not AI productivity

The Next Web
Ana-Maria Stanciuc @ The Next Web · today 05:35 EDT

At a Thursday town hall, the Meta CEO made the explicit trade-off he had previously left implicit: ‘We basically have two major cost centres in the company: compute infrastructure and people-oriented things.’ The chief people officer also declined to rule out additional layoffs Meta CEO Mark Zuckerberg attributed the company’s upcoming layoffs to its rising […]
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