Mark Zuckerberg says AI spending and war drove Meta layoffs

In an internal meeting with employees, the CEO said May layoffs are due to slower sales during the U.S. war in Iran and stepped-up AI infrastructure investment.

[Photo: Ed Mulholland/Zuffa LLC/Getty Images]

In a few weeks, Meta will lay off 10% of its workforce—around 8,000 employees out of the company’s workforce of 78,000. In a recent Q&A with employees, CEO Mark Zuckerberg........

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