Meta's AI Push Leads to Mass Layoffs

0:00It's April 20th. This is Dallas News today, driven by AI. Meta's gearing up for major layoffs, slicing about 10% of its global workforce, nearly 8,000 jobs as early as May 20th. That's out of their nearly 79,000 employees at the end of last year. More cuts are coming in the second half of this year to help cover skyrocketing AI costs, though the exact numbers and dates are still under wraps. These moves hit hard after Meta's already trimmed staff back in 2022 and early 2023, marking their biggest shake of yet. CEO Mark Zuckerberg's dumped billions into AI, pushing the company to rethink how teams operate. They've shuffled folks from reality labs into a fresh, applied AI group, building tech that writes code and handles tough tasks on its own. Meanwhile, giants like Amazon are in the same boat, trimming jobs to fuel their AI bets, signaling a tough shift across big tech as innovation demands, real trade-offs.