Meta Platforms has commenced a workforce reduction, affecting approximately 10% of its employees, equating to around 8,000 positions. Affected U.S. staff will receive a severance package including 16 weeks of base pay plus an additional two weeks for each year of service, along with 18 months of healthcare coverage. Concurrently, the company is reassigning 7,000 employees to projects related to artificial intelligence, underscoring its strategic pivot towards the AI sector.
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