Meta prepares the biggest cuts in history for the sake of $600 billion investment in AI
According to sources, the layoffs could affect more than 20% of the company’s employees, which would be the largest restructuring in Meta’s history, reports The Times of India.
Currently, the company employs about 79,000 people, so potential layoffs could amount to 15,000-16,000 employees, the newspaper said.
Betting on super-II
The main reason for the revision of personnel policy was large-scale investments in the infrastructure of artificial intelligence. The company’s management seeks to accelerate the development of new generative AI models and create specialized data centers for their training.
According to Reuters, Meta intends to invest up to $600 billion in the construction of data centers by 2028 to ensure the development of new artificial intelligence systems.
CEO Mark Zuckerberg has previously said that AI will be a key area of business development. “We’re building the infrastructure that will enable the next wave of artificial intelligence,” Zuckerberg noted.
The company is already forming a new team to develop “superintelligence” systems and is actively poaching researchers from leading AI labs.
Experts believe that what is happening reflects a new trend in the technology industry: large corporations are cutting staff while increasing investments in automation and artificial intelligence.
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