Meta to Restructure, Cutting 20% of Workforce and Redeploying 7,000 Employees Toward AI Strategy

Odaily news, Meta is planning to launch a major restructuring on May 20, aiming to cut approximately 20% of its global workforce while redeploying around 7,000 employees to artificial intelligence (AI) related projects. This adjustment is part of Meta's ongoing push for its AI strategy, intended to further concentrate resources on developing its AI business. (Cointelegraph)