Facebook’s UK office laid off over 700 workers, reduced tax bill to aggressively cut costs last year
Meta has channelled its energy into artificial intelligence, predicting capital expenditure could reach $50 billion next year. The Meta AI assistant, already boasts over 500 million active users. However, user growth across Meta’s platforms has been slower than analysts hoped
Meta has channelled its energy into artificial intelligence, predicting capital expenditure could reach $50 billion next year. The Meta AI assistant, already boasts over 500 million active users. However, user growth across Meta’s platforms has been ... [2612 chars]
Published by: Firstpost
Read full article here: https://www.firstpost.com/tech/facebooks-uk-office-laid-off-over-700-workers-reduced-tax-bill-to-aggressively-cut-costs-last-year-13843351.html
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