Meta, AI
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Meta is starting layoffs this week, with 8,000 jobs expected to be cut, as employees brace for a new era of AI.
Meta is restructuring its workforce to accelerate AI-focused initiatives, confirming no further company-wide layoffs this year while cutting roles, reallocating employees, and deepening its shift toward AI-driven products and operations.
Meta’s latest layoffs come as the company ramps up AI spending, highlighting how rising infrastructure costs are reshaping Big Tech’s economics and investor expectations.
New York Magazine on MSN
Meta Employees Brace for the Ax to Fall in Mark Zuckerberg’s Latest AI Pivot
Roughly 8,000 employees will be laid off and another 7,000 reassigned as Meta tries to keep pace in the AI race.
Meta CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters.
A freshly axed Meta employee warned yet another round of cuts will follow Wednesday’s brutal layoffs in the months ahead — despite assurances from CEO Mark Zuckerberg that this year’s bloodbath is over.