Meta CEO Mark Zuckerberg has attributed planned staff reductions to investments in artificial intelligence. He did not rule out the possibility of further layoffs in the future. This was reported by Ixbt.com xabar.
"The company has two main cost centers: computing infrastructure and personnel. If we invest more in one area, there is less capital available for others," Zuckerberg said.
According to him, the staff reductions are not related to the new structure of Meta teams focused on artificial intelligence. Engaging all employees in the use of artificial intelligence tools will not lead to layoffs.
Meta intends to lay off approximately 10 percent of its staff on May 20. Additional reductions are planned for the second half of the year.
"I wish I could say I have a crystal ball that allows me to foresee how events will unfold over the next three years. But I don't have one," the company head emphasized.
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