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Meta is laying off hundreds of employees across recruiting, social media, and sales teams as it focuses heavily on AI development. The company is streamlining operations to prioritize AI initiatives, including its Llama series of AI models and AI integration across Facebook, Instagram, and WhatsApp.
Elon Musk is rebuilding his AI company xAI for the second time, following a series of leadership losses, staff cuts, and poor performance in coding benchmarks.
Atlassian is cutting 1,600 jobs and replacing its CTO as it restructures to adapt to a challenging market environment. CEO Mike Cannon-Brookes' earlier optimistic comments contrast sharply with current actions.
