Meta to lay off roughly 600 employees within AI unit

Facebook’s parent company Meta has announced plans to lay off about 600 of its employees. artificial intelligence (AI) unit. Layoffs, as previously reported AxiosWill remove approximately 600 roles from within Meta Superintending Laboratories Division. Alexander Wang, Meta’s chief AI officer, rationalized the layoffs in an internal memo, saying: “By reducing the size of our team,…

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Dick’s Sporting Goods expands House of Sport stores

As many retailers look for ways to shrink store counts and square footage, Dick’s Sporting Goods is going bigger. The retailer is building more sprawling “House of Sport” stores, which typically come in at 120,000 to 150,000 square feet, more than double the 50,000 for its traditional locations. The sporting goods company believes it’s working….

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