Now one employee is capable of performing the tasks of an entire department
According to Reuters, Meta is planning significant layoffs within its workforce. About 20% of employees may be laid off to fund neural network technologies, as reported by "Kursiv".
CEO Mark Zuckerberg is initiating reforms in the business to remain competitive in the generative AI market. Meta intends to invest $600 billion in building new data centers by 2028.
The company's management emphasizes productivity growth through the implementation of algorithms: now tasks that were previously handled by entire departments can be solved by one specialist using neural networks.
Similar measures are being taken by other large companies. Recently, Amazon laid off 16,000 employees in pursuit of full automation of its processes.
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