Summary:
- Meta, the parent company of Facebook, is cutting 600 jobs as part of an effort to expand its artificial intelligence (AI) and automation capabilities.
- The job cuts are aimed at replacing human staff with automated systems and AI technology, which the company believes will be more efficient and cost-effective.
- This move is part of Meta's broader strategy to focus on emerging technologies like AI and automation, which it sees as crucial for the company's future growth and competitiveness.