Get the latest tech news
Meta Starts Eliminating Jobs in Shift To Find AI Talent
Meta began notifying staff of job cuts on Monday, kick-starting a process that will terminate thousands of people as the company cracks down on "low-performers" and scours for new talent to dominate the AI race. From a report: Meta workers who were let go were notified via email, and the company is ...
Meta began notifying staff of job cuts on Monday, kick-starting a process that will terminate thousands of people as the company cracks down on "low-performers" and scours for new talent to dominate the AI race. Employees whose review merited a bonus will still get one, and staff will still receive stock awards as part of the upcoming vesting cycle later this month, the people said. Chief Executive Officer Mark Zuckerberg told employees that Meta would cut 5% of its workforce -- as many 3,600 people -- with a focus on staff who "aren't meeting expectations," Bloomberg News first reported in mid-January.
Or read this on Slashdot