Meta Laying Off 8,000 Employees, 10% of Workforce, Amid Heavy Spending on AI

Meta Laying Off 8,000 Employees, 10% of Workforce, Amid Heavy Spending on AI

Summary

Meta plans to cut 10 percent of its work force, or roughly 8,000 employees, and close another 6,000 open roles, according to an internal memo on Thursday, as th...

Description

Meta plans to cut 10 percent of its work force, or roughly 8,000 employees, and close another 6,000 open roles, according to an internal memo on Thursday, as th...

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