Meta Layoffs: Hundreds of Jobs Lost Due to AI Shift, Restructuring Continues

• Meta Platforms Inc. is laying off hundreds of employees across sales, recruiting, and Reality Labs divisions.
• The restructuring aims for greater efficiency and is driven by a shift towards Artificial Intelligence (AI).
• Affected employees may be offered alternative roles or transfers within the company.
• This round of layoffs is expected to be less than 1,000, following previous cuts in January.
• Meta is investing a record $135 billion in AI infrastructure, with CEO Mark Zuckerberg emphasizing AI's future role.