Meta tells staff it will lay off 8,000 on May 20 as plan had already leaked

Meta is preparing to lay off approximately 10% of its global workforce, impacting around 8,000 employees on May 20.

24 Apr, 01:44 — 24 Apr, 01:44

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Meta tells staff it will lay off 8,000 on May 20 as plan had already leaked

Meta is preparing to lay off approximately 10% of its global workforce, impacting around 8,000 employees on May 20. This decision, announced by Chief People Officer Janelle Gale, aims to increase efficiency and offset significant AI investments. The company will provide generous severance packages and career support to affected employees.

By TOI TECH DESK

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Meta tells staff it will lay off 8,000 on May 20 as plan had already leaked

Sources

Meta tells staff it will lay off 8,000 on May 20 as plan had already leaked

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