Meta Platforms to lay off 8,000 employees this week
Meta Platforms is eliminating around 8,000 jobs this week, roughly 10% of its global workforce, as the company doubles down on its AI ambitions. The…
Meta Workers Fear Further Job Cuts as Layoffs Begin
Meta is set to axe at least 8,000 jobs this week, with some insiders warning that these layoffs could be just the tip of the…
AI-related layoffs a boost for stocks? Not necessarily
Stock market analysts are scratching their heads over a seemingly paradoxical trend: AI-related layoffs are happening with increasing frequency, yet the broader stock market is…