Meta to Cut 8,000 Jobs

In an internal memo to staff, Meta's leadership outlined a significant restructuring that will see thousands of positions eliminated by late May.

The social media giant is looking to offset the massive capital expenditures required to build out its AI infrastructure and data centers.

This move follows similar workforce reductions across the tech sector as major firms grapple with shifting market priorities.

Meta also plans to close roughly 6,000 open roles as part of its broader cost-control strategy.