Meta Layoffs Underscore The Real Price Of The AI Race |
Meta said Wednesday it will cut 8,000 jobs as part of a broader efficiency push. The announcement comes as the company’s AI infrastructure spending accelerates, a shift analysts say is reshaping how investors evaluate Big Tech.
Efficiency Push Meets Rising AI Costs
“We’re now at the stage where many orgs can operate with a flatter structure with smaller teams of pods and cohorts that can move faster and with more ownership,” Meta’s head of people, Janelle Gale, said in a memo.AI can make some roles more productive and reduce corporate........