Meta shares jump 3% as Mark Zuckerberg reportedly mulls cutting 20% of workforce to offset AI spending
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Source: New York Post
Published: 2026-03-17 03:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Economy & Finance, Financial Markets, Tax & Budget, World News, Business & Economy
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Snippet:
Meta’s stock jumped more than 3% in early Monday trading on news that Mark Zuckerberg’s company is planning to cut more than 20% of the company’s workforce as it ramps up spending on artificial intelligence.
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