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Meta to Slash 8,000 Jobs This Week Amid $145B AI Push
(www.techrepublic.com)
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this post was submitted on 19 May 2026
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Hey investors: Think how much money Facebook could save by firing the CEO that decided to rename the whole company after a failed product.
He renamed Facebook to meta because the leak of Facebook data to Cambridge Analytica and revelations by whistle blower Frances Haugen damaged the Facebook brand.
Fortunately it worked very well for him and we all have a very positive view of meta.