Technology

Meta to cut 8,000 jobs as it charges into AI

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Meta to cut 8,000 jobs as it charges into AI

Meta plans to lay off 8,000 employees, or 10% of its workforce, to slash costs as it pushes deeper into artificial intelligence. The layoffs will start on May 20.

Meta plans to lay off roughly 8,000 employees, or 10% of its workforce, to slash costs as it pushes deeper into artificial intelligence. The job cuts are intended to make the company more efficient and offset its other investments. The layoffs will start on May 20. Meta confirmed the move in an internal memo sent to workers. This is part of the company's effort to restructure as it charges into AI.

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