[BIG TECH]■ STORY TIMELINE
META CUTS 10% WORKFORCE AS MORALE TANKS
Meta will lay off approximately 10% of its staff on May 20, with company morale already declining ahead of the cuts. The company has forcibly reassigned over 1,000 engineers to an AI unit focused on building generative AI models.
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Wired: As Meta prepares to lay off ~10% of its staff on May 20, sources say morale is low, and Meta forcibly moved 1,000…