genai / news / / Boston.com
Employees have signed petitions against being tracked by AI.
Meta laid off 8,000 employees and reassigned 7,000 more to new AI initiatives in May 2024.
KEY POINTS
- Meta plans to spend between $125 billion and $145 billion this year, mostly on AI.
- Employees signed petitions against being tracked by AI amid companywide anxiety over the transformation.
- Despite record revenue, Meta cited the AI transition as its reason for significant workforce reductions.
- Zuckerberg stated no further companywide layoffs are expected in 2024 after these cuts.
COMPANIES
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