Meta Platforms is preparing to conduct company-wide layoffs in the coming week, according to internal memos. Simultaneously, the company is accelerating its hiring efforts for machine learning engineers.
This strategic move underscores Meta's commitment to reallocating resources towards its ambitious artificial intelligence initiatives. The company aims to streamline its workforce while bolstering its core AI talent.
The layoffs are part of an ongoing efficiency drive, while the expedited hiring in AI reflects the critical importance of this technology to Meta's future. This dual approach seeks to optimize operational costs and enhance technological leadership.
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