According to Reuters, major holding company Meta, which owns Facebook, Instagram, and WhatsApp, may cut its workforce by as much as 20%. That amounts to roughly 16,000 employees — as the company plans to maintain its pace in the AI race and offset huge infrastructure costs.
Why all this? When a giant like Meta makes cuts to invest in AI capital expenditures, it sends a clear signal to others: in the near future, budgets for team development may give way to funding computing power and models themselves. Ultimately, money will likely be directed less toward people and more toward equipment and technology.
Created with n8n:
https://cutt.ly/n8n
Created with syllaby:
https://cutt.ly/syllaby