5 outlets·5 reports
Meta is laying off 10 percent of its staff
ThinkingNews Desk · how this was written
Meta announced it will reduce its workforce by roughly ten percent, amounting to about 8,000 positions, and will leave around 6,000 currently open roles unfilled. The cuts are intended to offset spending on artificial-intelligence initiatives and improve overall efficiency across the company.
Written from all 5 reports below, not from any single one.
How it was reported
- TechMeme·Memo: Meta plans to cut 10% of workers, or ~8,000 jobs, on May 20 and won't fill 6,000 open roles, in an effort to offset its AI spending and boost efficiency (Kurt Wagner/Bloomberg)
- TechCrunch·Meta to cut 10% of jobs, or 8,000 employees, report says
- Hacker News·Meta tells staff it will cut 10% of jobs
- Engadget·Meta is downsizing by about 10 percent
- The Verge·Meta is laying off 10 percent of its staff
Related stories
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- Meta begins laying off 8,000 employees, or 10% of staff, in a push to become an AI-first company; another 7,000 workers will be reassigned to AI initiatives (New York Times)3 outlets
- Meta cuts hundreds more jobs across Reality Labs, recruiting, and sales as AI spending doubles3 outlets
- Monday.com is cutting 20 percent of its workforce as it pivots to an AI work platform3 outlets