Meta (META) Launches Training Program for Data Center Jobs
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOn April 20, Meta (META) introduced the LevelUp program, a collaboration with CBRE, aimed at training thousands of Americans for data center jobs. The program offers free, rapid training for roles available nationwide, starting this summer, and is a response to a workforce shortage related to Meta's construction of 27 data centers. The average salary for fiber technicians is estimated at $48,638, with hyperscalers potentially offering more than three times that amount. Concurrently, Meta plans to cut about 10% of its workforce, approximately 8,000 employees, with layoffs expected to begin on May 20.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Meta Platforms Inc. (META)
Meta Platforms owns Facebook, Instagram, WhatsApp, and Messenger, earning almost all of its revenue from digital advertising while investing heavily in AI and the metaverse.
The Communication Services sector covers media, entertainment, telecom and interactive companies that connect and inform people.
Earlier META news
- Meta (META) to Track Employee Activity for AI Training Purposes
- Meta (META) plans 8,000 layoffs on May 20, representing 10% cut
- Broadcom (AVGO) Provides 3.5 Gigawatts AI Partnership with Google, Anthropic
- Meta (META) Partners with Broadcom for 1 GW AI Chip Deployment
- CoreWeave (CRWV) Signs Multiyear Contracts Worth Billions
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