Meta will cut 10% of workforce
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Inside Meta, employees are bracing for weeks of limbo as they wait to find out who's cut.
Meta plans 8,000 layoffs in May as company redirects resources toward artificial intelligence and efficiency goals
Meta has officially announced its involvement in a new data center development in east Tulsa known as Project Anthem.
Meta told employees it plans to lay off 10% of staff in May, citing efficiency and rising costs. Staff will get severance and extended benefits.
Mark Zuckerberg-led Meta has confirmed it plans to slash about 8,000 jobs — roughly 10% of its workforce — informing employees of the sweeping cuts on Thursday. The Facebook parent disclosed the layoffs in a staff memo, signaling that the company is moving ahead with a massive workforce reduction as it pours billions into artificial intelligence.
A new lawsuit against Meta claims it profited billions from scam ads while misleading users about its efforts to fight against them. You may have seen these ads before – here’s a look.