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Meta Lays Off 700 Employees, While Rewarding Top Executives

You have been granted access, use your keyboard to continue reading.The jobs cuts and a new stock program for executives come as Meta continues to shift its focus to artificial intelligence.The layoffs are a fraction of the tech giant’s 78,000 employees, but are part of a shift toward A.I.Credit...Jason Henry for The New York TimesMeta Lays Off 700 Employees, While Rewarding Top ExecutivesThe jobs cuts and a new stock program for executives come as Meta continues to shift its focus to artificial...

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