Fears for Irish jobs as Meta confirms global layoffs
Meta is cutting 10% of its global workforce, approximately 8,000 staff, as it increases spending on artificial intelligence. The impact on its Irish operation, which employs around 1,800 people, is not yet known.
Meta is cutting 10% of its global workforce, around 8,000 staff. The company's Irish operation, which employs approximately 1,800 people, may be affected, but the impact is not yet known. A Meta Ireland spokesperson confirmed the global layoffs reported by Bloomberg. The job cuts come as Meta increases spending on artificial intelligence. Meta CEO Mark Zuckerberg previously stated that AI investments would involve 'flattening teams'. Irish-based Meta staff were impacted by redundancies in January last year, November 2022, and May 2023.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.