Meta To Layoff 10% Workforce Amid Heavy AI Investments: Report
NDTV·4h ago·Neutral
What Happened
Meta will lay off approximately 8,000 employees, representing ten percent of its workforce, next month. The company is implementing these cuts to support heavy artificial intelligence investments. Additional positions will reportedly remain unfilled as part of the restructuring plan.
Key Entities
Meta8,000 employeesAI investmentsWorkforce reduction