Meta Plans 10 Percent Workforce Layoffs
Meta is planning to lay off 10% of its total workforce. The decision was detailed in an internal memo. The news was first reported by external sources. No specific date or location for the layoffs was provided in the transcript. Meta is planning to lay off approximately 8,000 employees starting on May 20th. The company previously conducted a similar 10% staff reduction in January while increasing investment in AI. The layoffs follow a period of shifting corporate focus toward artificial intelligence. The move was first reported by Bloomberg News.
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Sources · 7 independent
NBC News Radio
“MEDA is planning to lay off 10% of its workforce according to a memo first reported.”
NBC News Radio
“lay off 10% of its workforce according to a memo first reported.”
NBC News Radio
“MEDA is planning to lay off 10% of its workforce. According to a memo first reported by Bloomberg, about 8,000 employees will lose their jobs starting on May 20th.”
NBC News Radio
“Meta is planning to lay off 10% of its workforce according to a memo to employees. First reported by Bloomberg News, the move will result in job losses for about 8,000”
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