Meta is laying off 10 percent of its staff
The Verge
Meta plans to lay off 10 percent of its workforce, totaling approximately 8,000 employees, as part of a move to improve operational efficiency.Summary
Meta is preparing to lay off approximately 10 percent of its staff, impacting roughly 8,000 employees, with notifications scheduled for May 20th. Chief People Officer Janelle Gale stated the cuts are intended to improve company efficiency and offset heavy investments in AI development and infrastructure. Additionally, the company will close 6,000 open job roles. These reductions follow previous rounds of layoffs earlier this year and support the company's massive capital expenditure plans to bolster its "Meta Superintelligence Labs" efforts.
(Source：The Verge)