“Mita” plans to lay off thousands of employees this week
The world's largest social media platform has cut more jobs, as well as cut 13% in November, in a bid to become a more cost-efficient organization.
Shrouq
Meta Platforms, the owner of Facebook and Instagram, is planning a new round of layoffs, as soon as this week, according to “Bloomberg”.
The world's largest social media platform has cut more jobs, as well as cut 13% in November, in a bid to become a more cost-efficient organization.
Meta laid off 11,000 workers
In an earlier round of cuts, Meta laid off 11,000 workers, its first-ever big layoffs.
Bloomberg reported in February that the company is flattening its organization, giving incentive packages to managers and laying off entire teams it deems unnecessary. It is a move that is still being made and could affect thousands of employees.
Artificial intelligence tools
Earlier, Facebook owner Meta Platforms said it will continue to release AI tools to certified researchers despite allegations that the latest major linguistic model has been leaked to unauthorized users.
Mita has a major research unit in the field of artificial intelligence, and last month released a language model called "LAMA".
The company said the model can reproduce a human conversation, an artificial intelligence capability developed by ChatGBT maker OpenAI and Alphabet, the owner of Google, and uses far less computing power.
META makes its tools available to researchers and other entities associated with government, civil society, and academia under a noncommercial license after a vetting process.
