Meta is laying off hundreds of employees as it pours money into AI

Meta is laying off hundreds of employees across its company, according to reports from The New York Times, NBC News, and The Information. The job cuts impact workers on Meta's recruiting, social media, and sales teams, along with Reality Labs, the division that develops the company's smart glasses and virtual reality headsets. "Teams across Meta regularly restructure or implement changes to ensure they're in the best position to achieve their goals," Meta spokesperson Tracy Clayton says in an...