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🚨META TO BEGIN LAYOFFS MONDAY, PUSHES AI HIRING
Meta will begin layoffs Monday at 5 a.m., with cuts targeting 5% of staff, according to an internal memo.
Employees in Germany, France, Italy, and the Netherlands are exempt due to local labor laws, while layoffs in other countries will follow between Feb. 11-18.
Meanwhile, Meta is expediting hiring for AI and machine learning engineers, prioritizing business-critical roles over general staff retention.
Source: Reuters

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