Meta cuts 700 jobs as it offers top executives massive stock awards tied to aggressive AI era growth targets. The post Meta cuts 700 jobs as it dangles up to $921 million for top executives in AI push appeared first on Crypto Briefing.
The layoffs hit Reality Labs and other teams a day after Meta unveiled a stock program tied to growth targets as high as a $9 trillion valuation. Meta laid off about 700 employees on Wednesday, with … [+1552 chars]
