Meta to cut 8,000 jobs, 10% of staff
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Meta to cut 10% of staff to fund $135B AI push
Meta Platforms will lay off about 8,000 employees, or 10% of its workforce, and freeze hiring for 6,000 open roles to help finance a massive $115–$135 billion AI investment plan. The cuts, effective May 20, follow earlier rounds of downsizing and are ...
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Meta slashes 10 percent of workforce
Meta informed staff this week it will cut 10 percent of workers as it invests billions into artificial intelligence products. The memo, sent Thursday by Meta’s Chief People Office Janelle Gale, said the cut will take place on May 20,