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Meta Platforms Inc is reassigning 7,000 workers to new jobs related to artificial intelligence.
Meta is reassigning 7,000 employees to new AI-focused groups, per an internal memo.
KEY POINTS
- The new structure will consist of smaller, flatter teams focusing primarily on AI products.
- Meta will cut approximately 8,000 employees, or 10% of its workforce, this week.
- Meta is allocating hundreds of billions toward AI talent and infrastructure to compete with Google and OpenAI.
COMPANIES
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