Meta set to layoff 10% of its staff as it pushes for AI
Meta is set to lay off 10% of its global workforce on May 20 as it refocuses on artificial intelligence, according to an internal memo. This is the first round of layoffs, with a second round scheduled for later this year, aiming to reduce its workforce by 20%.
Meta, the owner of Facebook and Instagram, is laying off 10% of its global workforce on May 20 as it shifts focus to artificial intelligence. The company employed 78,865 people worldwide at the end of 2025. A second round of layoffs is planned for later this year, aiming to reduce its workforce by 20%. Meta has been investing heavily in AI after losing over $60 billion in operating costs on its metaverse business. The company unveiled its 'Muse Spark' AI models in April, competing with Google's Gemini 3.1 and OpenAI's GPT 5.4. Meta's CEO Mark Zuckerberg has been pumping hundreds of billions of dollars into AI development.
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