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Meta Fires 700 Employees While Executives Could Pocket $921M—What's Really Happening?

Meta
International Business Times Fews App News Provider
Fews App Post Time há 11h

700 laid off while Meta executives gain lucrative stock options. Meta has laid off around 700 employees as part of ongoing restructuring efforts while simultaneously unveiling a new stock option programme for six top executives that could be worth up to $921 million (£689 million) each. The move highlights the company's shift towards artificial intelligence and its ambition to become a dominant player in the technology sector.

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