🚨 Meta shares surge! 'Zuckerberg' rumor aims to slice 20% of employees, sacrifice AI costs
🚨 Meta shares plunge! 'Zuckerberg' rumor aims to slice 20% of employees, sacrifice AI costs
The stock of Meta (the parent company of Facebook) rose about 3 percent after news broke that CEO Mark Zuckerberg was considering a plan to cut employees by up to 20 percent of the company! 📉👨💻
The main reason for this big decision is linked to the "soaring costs" of investing huge funds to develop artificial intelligence (AI) technology. 🤖💸
This point reflects the pressure facing big tech companies. They need to try to balance "throwing in the budget to innovate" with "maintaining the efficiency and profitability of the company." 📊💼
Although the final decision has not been officially announced, just a news report has already affected the market's and investors' view of Meta. What the direction of this giant will be next is a long-awaited matter! 👁️✨
# deepkub # meta # zuckenberg # ai # stocks# IT News # INVESTMENT # BUSINESS
