Scale AI, a data-labeling firm, is cutting 200 full-time jobs and terminating 500 contractors, following a recent funding from Meta. The restructuring aims to make the company more agile and focused, reducing GenAI teams and consolidating sales and marketing functions. Despite these cuts, Scale plans to add hundreds of roles later this year. The move reflects a changing AI landscape, with companies shifting towards advanced applications. Scale is aiming to streamline operations and refocus resources to stay competitive in a rapidly transforming industry.

Read more at Nasdaq.: Scale AI Slashes 14% Of Workforce Weeks After Meta’s $14.3 Bln Investment