Meta's AI Push: Deep Layoffs Ahead

0:00It's April 20, Tampa Bay news today starts now, AI powered and ready, I'm Cory with the story. Metta's gearing up for some heavy layoffs, slicing about 10% of its global workforce, that's nearly 8,000 jobs, starting May 20. Sources say this first wave hits next month, with even bigger cuts planned for the second half of the year. This move ties straight into the company's massive push on artificial intelligence, where they're burning billions to build out infrastructure and AI. Tools, CEO Mark Zuckerberg's all in on this pivot, aiming to swap some human roles with smarter, AI-assisted workers. With nearly 79,000 employees on the books at years end, these cuts would be met as deepest since the 2022 and early, 2023 rounds. The company stayed quiet when pressed for comment, but it's clear they're streamlining to handle those skyrocketing AI expenses. They've already shuffled teams in reality labs and spun up a new applied AI group, where

1:01engineers are cooking up agents that code and tackle tough. Big players like Amazon are doing the same, trimming staff amid their own AI booms. As Metta races ahead in this AI arms race, expect more shakeups across tech, as the new normal for staying lean and mean in the game.