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Facebook parent Meta is planning to lay off approximately 8,000 employees and eliminate another 6,000 open roles as it seeks to reduce costs.
Meta, which owns Facebook, Instagram and WhatsApp, plans to lay off 10% of its workforce amid ongoing investments in generative AI. The company offered details to employees in a memo. Bloomberg had the first report of the cutbacks,
Mark Zuckerberg's technology company Meta is planning to cut 10% of its staff as it moves to center artificial intelligence initiatives. The cuts, which begin on May 20, will affect roughly 8,000 workers and will close 6,
Meta Will Track Employees' Keystrokes, Clicks and Mousing to Train AI
Mark Zuckerberg-led Meta has confirmed it plans to slash about 8,000 jobs — roughly 10% of its workforce — informing employees of the sweeping cuts on Thursday. The Facebook parent disclosed the layoffs in a staff memo, signaling that the company is moving ahead with a massive workforce reduction as it pours billions into artificial intelligence.
According to the March 30 WARN filings, which are required in the event of mass layoffs, the company cut 74 employees from its office at 1180 Discovery Way in Sunnyvale and 124 em
April 21 (Reuters) - Meta Platforms said on Tuesday it has begun construction on a new data center in Tulsa, Oklahoma, a project valued at more than $1 billion, as the Facebook-parent races to build AI infrastructure for securing computing power.