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Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.

“A.I. gives us places to go we haven’t gone,” Mr. Moynihan said.

In the latest round of tech industry job cuts, Meta is laying off about 8,000 workers and Microsoft is offering buyouts to a ...

Snapshot: Terms have already been coined for the pending doom, like the "Great AI Displacement" and "White-Collar Recession," ...