Meta to lay off 10% of workforce in AI push
Meta plans to lay off 10% of its workforce worldwide, about 8,000 people, and focus on artificial intelligence. The company will also not hire for 6,000 open roles and has previously laid off workers in its Reality Labs division.
Meta, the parent company of Facebook and Instagram, is laying off 10% of its workforce worldwide, approximately 8,000 people. The layoffs are expected to start on May 20, with more to follow later in the year. The company will also not fill 6,000 open positions. Meta is shifting its focus towards artificial intelligence, having already laid off around 1,500 workers in its Reality Labs division earlier this year. The company has spent hundreds of billions of dollars on AI and recently introduced its major AI model, 'Muse Spark.' Meta is also using a new employee tracking tool to capture data from work computers to train AI agents.
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