Meta Rolls Out Extensive Layoffs Across Company
Meta is implementing a new round of significant layoffs, described as "mega-layoffs," which are affecting a substantial part of its global workforce. The company plans to cut approximately 10% of its employees, with the process unfolding throughout the week.
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Meta layoffs starting this week stress harsh AI reality inside Zuckerberg’s company
Meta is starting layoffs this week, with 8,000 jobs expected to be cut, as employees brace for a new era of AI.
Read full article →Meta is rolling out its mega-layoffs around the clock
Meta CEO Mark Zuckerberg. Bloomberg/Getty Images Meta plans to cut 10% of its staff on Wednesday. The tech giant shared more details on Monday with employees about what to expect. In addition to the cuts, Meta's HR chief said leaders will announce organizational changes. As Meta prepares to cut 10% of its workforce on Wednesday, it's trying to provide some clarity to employees who are stuck in layoff limbo. Meta HR chief Janelle Gale posted a memo on Monday to an employee resource group out...
Read full article →Meta Plans May 20 Layoffs, To Cut 10% Of Its Global Workforce
As part of that, the company plans to move 7,000 employees to new initiatives related to AI workflows and to eliminate managerial roles, she said.
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