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Zuckerberg says Meta layoffs tied to AI spending, won't rule out future cuts

Meta CEO Mark Zuckerberg said Thursday the company’s latest round of layoffs is tied to increased spending on artificial intelligence, while leaving the door open to additional job cuts.Zuckerberg made the remarks during a company town hall, his first time addressing employees since Meta confirmed plans to cut roughly 8,000 jobs — about 10% of its workforce.The layoffs, which are expected to begin May 20, come as the company ramps up investment in AI and infrastructure, FOX Business previously reported."We basically have two major cost centers in the company: compute infrastructure and people-...