Meta Platforms shares rose nearly 3% on Monday after a Reuters ‌report that the social media giant plans to lay off 20% or ​more of its workforce to offset heavy spending

March 16 : Meta Platforms shares rose 3 per cent on Monday following a Reuters report that the social media giant plans to lay off 20 per cent or more of its workforce to offset heavy spending on artificial intelligence and bet on productivity gains from the technology.If Meta settles on the 20 per cent figur

March 16 : Meta Platforms shares rose nearly 3 per cent on Monday after a Reuters report that the social media giant plans to lay off 20 per cent or more of its workforce to offset heavy spending on artificial intelligence and bet on productivity gains from the technology.If Meta settles on the 20 per cent fi