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
Meta Platforms Inc. plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence.
Bloomberg Kurt Wagner
Related Coverage
- Meta to Cut 10 Percent of Work Force in A.I. Push New York Times · Mike Isaac
- Meta will cut 10% of workforce as company pushes deeper into AI CNBC · Jonathan Vanian
- Meta to cut 10% of jobs, or 8,000 employees, report says TechCrunch · Amanda Silberling
- Meta Memo Confirms Plans to Cut 10% of Staff The Information
- Meta Will Lay Off 8,000 Employees in May: Memo Wall Street Journal · Meghan Bobrowsky
- Meta is laying off 10% of its entire staff next month. Read the full memo it just sent. Business Insider · Charles Rollet
- Meta axes 8,000 jobs as Zuckerberg doubles down on AI - and the white-collar bloodbath gathers pace Charleston Daily Mail · Martha Williams
- Meta to cut 8,000 jobs, Microsoft reportedly offers buyouts to 7% of staff as AI spending costs hit Big Tech workers Yahoo Finance · Daniel Howley
- Meta Laying Off 8,000 Employees, 10% of Workforce, Amid Heavy Spending on AI Variety · Todd Spangler
- Meta to cut 10% of jobs to ‘offset’ Mark Zuckerberg's AI spending Financial Times · Hannah Murphy
- Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts Associated Press
- Meta, Microsoft look to trim workforces amid heavy AI spending Fortune
- Meta says it will lay off 10% of its workforce NBC News
- Meta says it will cut 8,000 jobs as AI spending grows BBC · Kali Hays
- Meta To Cut 10% Of Its Workforce To Offset AI Spending. Stock Falls. Investor's Business Daily · Ryan Deffenbaugh
- Meta is laying off 10 percent of its staff The Verge · Jay Peters
- Meta Reportedly Set To Fire 8,000 Employees As Part Of AI Push International Business Times · Demian Bio
- Meta is downsizing by about 10 percent Engadget · Anna Washenko
- Meta plans 10% layoffs as AI spending soars: source Agence France-Presse
- Meta to Lay Off 8,000 Employees Amid Tech's AI-Driven Cuts The Hollywood Reporter · Alex Weprin
- Meta to Cut 10% of Its Staff as Company Centers AI Initiatives The Wrap · Raquel Calhoun
- Meta Cutting 10% Of Company In Push For ‘Efficiency’—As AI-Related Layoffs Soar Forbes · Mary Whitfill Roeloffs
- Meta will lay off 10% of employees, just days after announcing controversial workplace tracking decision The Olympian · Noah Weidner
- Meta Stock Slides After Announcing 10% Job Cuts Barron's Online · Anita Hamilton
- Meta to cut 8,000 jobs as it charges into AI CBS News · Alain Sherter
- Meta will lay off 10% of its staff NPR · John Ruwitch
- Meta slashes 8,000 jobs, or 10% of its workforce Associated Press
- Meta layoffs will hit 10% of workforce in big AI push Quartz
- Meta Is Racing to Move Faster and Break More Things Gizmodo · Matt Novak
- Meta Will Lay Off 8,000 Employees as AI Focus Intensifies Decrypt
- Meta to lay off 8,000 as part of AI efficiency push Axios · Sara Fischer
- Meta to cut 10% of staff as it pours billions into AI CNN
- Meta cuts 10% of workforce while pouring billions into AI Silicon Valley Business Journal · Gary J. Boulanger
- Meta is cutting 8,000 jobs to pay for AI. It is also asking the survivors to train their replacements. The Next Web · Ana Maria Constantin
- Meta to ax 8,000 jobs as Zuckerberg doubles down on AI and white-collar bloodbath picks up New York Post · Ariel Zilber
- 'We're doing this as part of our continued effort to run the company more efficiently': Meta announces layoffs of 10% of workforce amid massive AI push Tom's Guide · Amanda Caswell
- Meta will lay off 10% of workforce, company told staff today Fast Company · Ella Chakarian
- Mass Layoffs at Meta Begin With 8,000 Let Go; 6,000 Roles Frozen SFist · Jay Barmann
- Meta Shares ‘Unwelcome News’ With Its Employees Newser · Kate Seamons
- Meta to cut 10% of jobs, or 8k employees Hacker News
- Meta Is Laying Off 10% of Its Workforce Slashdot · BeauHD
- Meta To Lay Off 10% Of Workforce Amid Ongoing AI Push Deadline · Dade Hayes
- Meta cuts nearly 8,000 jobs as it tells workers it's looking to be more efficient The Independent · Rachel Dobkin
- Meta to lay off 10% of workforce in push for efficiency Seattle Business Journal · Nick Pasion
- Meta to cut 8,000 jobs as it charges into AI CBS News · Alain Sherter
- Meta to cut 10% of workforce in AI push The Straits Times
- Meta to cut roughly 8,000 employees as it plans massive AI budget Washington Examiner · Brady Knox
- Meta to Cut 10% of Work Force in A.I. Push New York Times
- Meta, Microsoft shrink workforce amid AI spending Semafor · J.D. Capelouto
- Meta cuts 10% of staff, cancels 6,000 open roles in AI efficiency push SiliconANGLE · Duncan Riley
- “Due to AI Investment Costs”... Meta Officially Announces 10% Workforce Reduction in May The Asia Business Daily · Hwang Yoonju
- Meta cuts 10% of staff AdNews News
Discussion
-
@mikeisaac
Rat King
on x
per internal memo: meta plans to layoff around 10 percent of the company, or roughly 8k employees, closing 6k more open roles as well
-
@stokel
Chris Stokel-Walker
on bluesky
Holy crap “we're removing 10% of our staff to offset our AI spending” sure is an explicit link to make [embedded post]
-
@paleofuture
Matt Novak
on bluesky
“Meta Platforms Inc. plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence.”
-
r/bayarea
r
on reddit
Meta laying off 8000 people or ten percent.
-
r/sanfrancisco
r
on reddit
Rumors last week are true. Meta laying off 10%.
-
r/Layoffs
r
on reddit
The rumors last week were true. Meta cutting 10% of jobs. 8000 people.
-
r/technology
r
on reddit
Meta Tells Staff It Will Cut 10% of Jobs in Push for Efficiency
-
@rihardjarc
Rihard Jarc
on x
$META cutting 10% of the workforce (8.000 roles) and eliminating 6.000 open positions. This will happen across the board in the tech sector and more broadly in knowledge work, Zuck is as always just ahead of the pack. Companies are switch labour costs for AI compute.
-
@mangiotto
Walter Chaw
on bluesky
I plan to be bisected to increase my heart efficiency. [embedded post]
-
@krishnanrohit
Rohit
on x
This is not unexpected but is an interesting early instance of human intelligence (employees) being replaced by silicon (data centers)
-
Kurt Wagner
Kurt Wagner
on linkedin
New: Meta just confirmed plans to lay off 10% of the company in May — roughly 8,000 workers — in a memo posted to employees this morning. …
-
@kurtwagner
Kurt Wagner
on bluesky
NEW: Meta just confirmed 10% layoffs coming on May 20, according to an internal memo. 6,000 job openings are also being closed. — Head of HR didn't specifically mention AI, but said this is an effort to “run the company more efficiently and to allow us to offset the other inve…
-
@samro
Sam Ro
on x
Layoffs + closing open roles is serious. News stories about layoffs often make no mention about openings, hiring, net headcount, which is important if you're trying to connect the anecdote to a bigger macro story
-
@dancingofpens
Camryn
on x
so why are people supposed to feel positively about AI when it's the reason why they don't have jobs
-
@halsinger
Hal Singer
on x
To its credit, Microsoft is offering buyouts to its AI-displaced workers. Tho it's not clear how many years of severance the buyout represents. Bottom line: We don't have to depend on a firm's generosity to take care of these workers. We could spell out via regulation precisel…
-
@halsinger
Hal Singer
on x
When are we going to start imposing mandatory severance pay for all workers fired en masse under the pretext of AI while a company is experiencing profit growth? Why should taxpayers be responsible for unemployment benefits when a profitable firm acts in such a blatantly anti-so…
-
@tomsteyer
Tom Steyer
on x
Many Californians rightly fear that without strong leadership on AI, their lives will change for the worse. I'm the only candidate that has released an AI plan. As Governor, I will be committed to making sure AI works for every Californian, not just Big Tech billionaires.
-
Brandon Busteed
Brandon Busteed
on linkedin
Another 14,000 jobs wiped off the board. — 100% AI driven. Either AI to replace jobs or jobs eliminated to fund AI investment. …
-
Jaime Casap
Jaime Casap
on linkedin
Employer: “So tell me, how much experience do you have interacting with AI? Can you tell me how you leveraged AI and other technologies …
-
@lukaszolejnik
Lukasz Olejnik
on bluesky
Meta cutting 8000 jobs (10% workforce) and dropping 6000 planned hiresto “run the company more efficientl” and “offset the other investments we're making” so building data centers and for AI expenses, potentially, in effect, converting people server racks, tokens/etc. www.ft.com/…
-
@jessimckenzi
Jessica McKenzie
on bluesky
hard for me to scrounge up a ton of sympathy for laid off meta workers because i think the company they worked for is Bad but also this 1) sucks for the individuals impacted 2) seems like it's a bad time to be a white collar worker in general rn 3) when is this going to catch up …
-
r/technology
r
on reddit
Meta to Lay Off 10 Percent of Work Force in A.I. Push (Gift Article)