Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts
The Hindu·3h ago·Neutral
What Happened
Meta laid off approximately 8,000 employees, representing 10% of its workforce, Thursday. The company cited efficiency improvements and reallocation toward artificial intelligence infrastructure investments and high-paid AI specialist positions. Additionally, Meta will leave around 6,000 positions unfilled, Bloomberg reported.
Key Entities
Meta8,000 employees10% workforceArtificial IntelligenceBloomberg