ENTITY SeekingAlpha

SeekingAlpha

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SIGNIFICANT · CL_45131 · May 20 · 21:06

Meta, Intuit lead 11,000+ AI-driven layoffs, widening skills gap

Major tech companies like Meta and Intuit are implementing significant layoffs, totaling over 11,000 jobs, to reallocate resources towards AI development. This trend contradicts the narrative that automation primarily t…