Mark Zuckerberg, Tim Cook reportedly interested
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Mark Zuckerberg says Meta's plan to cut about 10% of its workforce is tied to increased AI investment, while leaving the door open to additional layoffs.
Meta plans to slash 8,000 jobs at the company, accounting for 10% of its workforce.
Mark Zuckerberg told employees that layoffs are linked to the company's rising spending on artificial intelligence (AI)- driven investments.
In an internal Q&A with employees, Meta’s CEO says company will shrink teams and develop more new apps as AI changes workflows.