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Meta, AI and layoffs

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Overview
 · 3d · on MSN
Meta Laying Off 8,000 Employees, 10% of Workforce, Amid Shift to AI
Meta, parent of Facebook and Instagram, is laying off about 8,000 employees — and eliminating another 6,000 open jobs — as it is in the midst of a companywide shift to artificial intelligence.

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 · 3d
Meta will cut 10% of workforce as company pushes deeper into AI
 · 3d · on MSN
Meta set to layoff 10% of its staff as it pushes for AI
 · 1d
Meta, Microsoft have joined tech layoff tsunami – but is AI really to blame?
Meta and Microsoft are the latest software companies to announce big cuts to their global workforce.

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newsbytesapp.com · 22h
Layoffs in tech sector nearing 900,000 mark since 2020
Oneindia · 22h
8,000 Jobs Gone As Meta Doubles Down On AI, But At What Cost To Its Workforce?
49m

China Blocks Meta’s $2 Billion Acquisition of AI Firm Manus

China has decided to block Meta Platforms Inc.’s $2 billion acquisition of agentic AI startup Manus, making a surprise move to unwind a controversial deal that’s drawn fire for the leakage of technology to the US.
17h

Prediction: This Will Be Meta's Stock Price in 5 Years

To be fair, there is some currency benefit in the forecast. Meta chief financial officer Susan Li said the guidance assumes foreign exchange will be about a four-percentage-point tailwind to year-over-year revenue growth. But even after adjusting for this, the outlook still points to 26% growth -- an acceleration from Q4.
1d

Meta quietly tests charging for WhatsApp features

Early testers see WhatsApp Plus positioned as a “new add‑on subscription” that unlocks more creative and organizational features, including cosmetic upgrades and premium content packs, according to Social Media Today. Meta has tied this to a broader strategy of premium tiers across its apps, similar to Instagram Plus and Snapchat’s Snapchat+.
1d

Meta Laid Off 8,000 And Launched AI - Why Jobs Need Different Skills

Meta cut 8,000 jobs and launched new AI the same day. The news that AI replaces people is wrong. They want different people who work with AI.
1d

Meta accused of profiting from scam ads in class-action lawsuit

This week, a class-action lawsuit was filed in Washington, D.C. against Meta, alleging that the company deceived Facebook users about scam advertisements and profited from it.
Meta - About Facebook
2d

Meta Partners With AWS on Graviton Chips to Power Agentic AI

We’re announcing an agreement with AWS to bring tens of millions of AWS Graviton cores into Meta's compute portfolio to support agentic AI workloads.
12h

Here’s How Meta Platforms Gets to a $2 Trillion Valuation.

Meta Platforms (NASDAQ:META) sits at a $1.7 trillion market cap, putting it in rare air. Yet, the company has flirted with the $2 trillion mark multiple times over the past year, only to see momentum fade.
2h

Microsoft (MSFT), Meta (META) Announce Significant Job Reductions Amid Industry Pivot to AI

Microsoft Corporation (NASDAQ:MSFT) is one of the best technology stocks to buy for the next decade. On April 23, Microsoft and Meta (NASDAQ:META) revealed major workforce reductions affecting potentially 23,

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