Thread regarding Meta / Facebook layoffs

First tough test after layoffs

Earlier this year, Meta cut thousands of employees and told investors the reductions were necessary to fund its AI ambitions. The company redirected that payroll into infrastructure, researchers, and models designed to compete with OpenAI, Anthropic, and Google. Mark Zuckerberg called it the most important investment Meta would ever make.

The first real test of whether that trade-off is working just arrived , and the answer is not straightforward.

https://au.finance.yahoo.com/news/mark-zuckerberg-meta-face-first-164700000.html


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