Author: Michael

Intermittent layoffs are the norm at Meta, but it’s now carrying them out as its shift towards building AI — and using it to attempt to speed up its own workforce — becomes more overt than ever. On Wednesday, the Mark Zuckerberg-led company fired around 700 employees, according to reports from The New York Times and The Information.  That number is only a sliver of its global workforce of around 78,000, but largely affected employees in its Reality Labs unit tasked with building a virtual reality “Metaverse,” which turned out to be a dismal failure: failing to attract users, let…

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