WS #12076
Employees sue Meta alleging AI tools were used to select employees for layoffs, targeting those with disabilities. Cooler-than-expected CPI (3.5% YoY vs 4.2% prior) is called 'a huge relief' by JPMorgan, with US stocks closing higher led by Nasdaq. IBM shares plunge ~24% after preliminary Q2 miss, worst day since 1962, erasing $69B in market cap.
Meta AI Layoff Lawsuit
Employees sue Meta alleging AI tools were used to select employees for layoffs, targeting those with disabilities.
Cooler-than-expected CPI (3.5% YoY vs 4.2% prior) is called 'a huge relief' by JPMorgan, with US stocks closing higher led by Nasdaq.
IBM shares plunge ~24% after preliminary Q2 miss, worst day since 1962, erasing $69B in market cap.