Meta, AI and Project OT
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Meta’s AI gamble gets bigger after the company considered slashing teams again. What that means for META stock
Meta Platforms (META) stock is facing a fresh test after Reuters reported that the social-media giant explored cutting the size of some teams by as much as 60% as part of an aggressive AI restructuring effort.
Meta explored cutting teams by up to 60% under a secret AI restructuring plan before Zuckerberg scrapped the second wave amid setbacks and staff backlash.
Meta (META) stock faces scrutiny after leaked Project OT documents show abandoned plans for 60% team cuts due to AI failures and employee backlash.