Technology Business US & Canada

Meta Layoffs Hit 8,000 Employees

Meta Layoffs Hit 8,000 Employees

In a significant restructuring move, Meta CEO Mark Zuckerberg has authorized the layoff of 8,000 staff members to streamline the company's transition into an AI-first organization.

An internal memo from Chief People Officer Janelle Gale confirmed the cuts and the closing of 6,000 additional open roles.

This decision comes as the tech giant faces a 'white-collar bloodbath' across the sector, with Microsoft also offering voluntary buyouts to thousands of its US workers.

Meta intends to use the savings to fund the development of advanced AI models and the construction of massive data centers.

Meta InvadingInvader, CC BY-SA 4.0
Meta
American multinational technology corporation
Mark Zuckerberg
American Internet entrepreneur
Microsoft
American multinational technology corporation
Artificial intelligence
Field of computer science that develops and studies software enabling machines to exhibit intelligent behavior