Meta Platforms planning layoffs to offset costly AI investments, Reuters says

TIPRANKS03-15 23:15

Meta is planning on layoffs that could affect 20% or more of staff as the company looks to offset costly AI infrastructure investments, Katie Paul,...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment