Meta to cut 10% of jobs to ‘offset’ Zuckerberg’s AI spending
Meta plans to cut 10% of jobs and spend $135bn on data centres this year.
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meta is cutting 10% of its workforce, roughly 3,600 jobs, to help pay for mark zuckerberg's ai push. the company plans to spend $135bn on data centres this year alone. the cuts come as meta ramps up capital expenditure on ai infrastructure, far outpacing what it spent on servers and facilities in prior years.
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