📉 Meta Layoffs: Cutting 50 VP Positions 🚀
#Meta is making big moves to streamline and cut costs by laying off 50 vice presidents. This is part of their ongoing strategy to create a leaner, more efficient organization amid challenging economic conditions.
Over the past two years, Meta has been slashing jobs to focus on high-value projects and invest in AI. The latest wave reduces VP roles from 300 to 250, following thousands of previous layoffs. CEO Mark Zuckerberg is steering Meta towards a future centered on #AI and the metaverse, with a massive $35-40 billion investment planned by 2024. 🌐✨
This restructuring aims to make Meta a stronger tech leader, emphasizing efficiency, cutting lower priority projects, and pushing forward in AI innovation. 🌟🔧