Meta Lays Off Hundreds of Employees While Increasing AI Investments
By
Emma Roth
A second-rack bagel that's nearly first-rack. Tasty stuff.
Summary
Meta is laying off hundreds of employees across multiple teams including recruiting, social media, sales, and Reality Labs (which develops smart glasses and VR headsets). The company is restructuring while simultaneously investing heavily in artificial intelligence, as confirmed by Meta spokesperson Tracy Clayton who stated that teams regularly restructure to achieve their goals.
Key quotes
· 4 pulledMeta is laying off hundreds of employees across its company, according to reports from The New York Times, NBC News, and The Information.
The job cuts impact workers on Meta's recruiting, social media, and sales teams, along with Reality Labs, the division that develops the company's smart glasses and virtual reality headsets.
Teams across Meta regularly restructure or implement changes to ensure they're in the best position to achieve their goals.
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