Business: Meta is implementing significant layoffs, resulting in thousands of job cuts and incurring substantial severance payments for affected employees.
🚨 Big changes at Meta! 🚨 Layoff emails have started going out to about 10% of the workforce, impacting around 8,000 roles, including managers. While 7,000 employees are shifting to AI projects, U.S. staff will receive generous severance packages. Stay tuned for more updates! #Meta #Layoffs #AI
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