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News Wire / economy

Meta Plans 10 Percent Staff Layoffs In May

developing Mastodon Menlo Park 19d11d Impact 8
Meta, the parent company of Facebook and Instagram, has announced plans to significantly increase its investment in artificial intelligence through 2026. CEO Mark Zuckerberg indicated that 2026 will be a pivotal year for the company's AI integration. This follows a period of workforce reductions as the company shifts focus toward automated technologies. During a meeting with employees, Zuckerberg stated he does not rule out further job cuts. The company reportedly intends to lay off approximately 10% of its workforce. These developments were first reported in March. As of late December, the company employed just over 78,000 people according to documents presented to the U.S. Securities and Exchange Commission.

Topics

layoffs artificial intelligence Meta

Developing

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Sources · 7 independent

Mastodon

“Meta anuncia que despedirá a 8.000 trabajadores mientras multiplica su inversión en IA”

CBN São Paulo AAC

“O presidente executivo da meta, Mark Zuckerberg, atribuiu as demissões em massa na companhia ao aumento dos investimentos em inteligência artificial.”

EBS FM Korea

“options. What if we do this, what if we do that? 이거 태도 좋고 저거 태도 좋은데, ABC 옵션이 있다고 하면 나는 근데 A가 좋아”

Times Radio UK

“of up to £40,000 out if they evict tenants without a value.”

SRF 1 Switzerland

“unserem Land ein Abberufungsfaden eingeführt werden und nicht. Und diese beiden Fragen sind jetzt zu quälen. Heute Gerichterinnen und Riechen am Bundesverwassgericht und am Bundesstrafgericht”

BBC Radio 4

“features a war and unfortunately one that shows no sign of ending soon. It's Ukraine's. And the speaker was the cook and writer, Olya Hercules.”

ERT Proto

“για να μιλήσεις με ψυχολόγο σε δωρεάν συμβιδρίες. Μαζί για το παιδί.”

NBC News Radio

“period. A Walnut Hub study shows that New Mexico, Arkansas, Alaska, Nevada.”

CBN São Paulo AAC

“A meta pretende mandar embora cerca de 10% da força de... em vinte de maio e planeja cortes adicionais no segundo semestre.”

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