Meta Platforms, Inc. to Cut 8,000 Jobs Globally, Mainly in Engineering and Product Teams
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Meta Platforms, Inc. will cut 8,000 jobs globally, primarily affecting its engineering and product teams. Notifications will start on Wednesday, beginning in Singapore, followed by Europe and the U.S. This move is part of a restructuring plan to enhance efficiency and reduce costs while boosting AI investments. Additional layoffs may occur later this year.
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