Meta to Cut 8,000 Jobs in Major Restructuring Amid AI Investment Push

53 articles · Updated · Bloomberg · Apr 23

Meta Platforms will cut around 10% of its workforce, affecting approximately 8,000 employees, as part of a major restructuring.
The layoffs, scheduled for May 20, accompany the elimination of 6,000 open roles amid Meta’s increased investment in artificial intelligence.
This move follows previous job cuts and reflects Meta’s drive to boost efficiency and compete with AI leaders like OpenAI and Google.

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