This round of layoffs at Meta, which is also the parent company for Instagram and WhatsApp, will start on Wednesday. Because of the company's latest hiring freeze, some recruiters will be immediately let go, Zuckerberg said.
Less is more, Zuckerberg saysThe latest wave of layoffs comes months after the company announced its largest reduction in staff since 2004, following a hiring spree fueled by rapid growth during the pandemic.
The jobs cuts also come at a time when Meta is looking to put more into artificial intelligence, where competition is heating up. "Our single largest investment is in advancing AI and building it into every one of our products," Zuckerberg said.Google unveiled its chatbot
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