The organisation has also called a halt to its plans to fill 6,000 open roles.
Meta has told staff that it will be laying off 10pc of its workforce – roughly 8,000 employees – as it reportedly seeks to mitigate the costs of heavy AI spending.
Bloomberg reported that in a memo issued to employees on Thursday (23 April), Meta explained that the layoffs are to come into effect towards the end of May.
Bloomberg published the details of the memo, which was written by Meta’s chief people officer Janelle Gale, who said: “We’re doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we’re making.
“I know this is unwelcome news and confirming this puts everyone in an uneasy state, but we feel this is the best path forward, given the circumstances.”
