Facebook and Instagram's parent company has been investing huge sums of money in AI, but it lags behind competitors.
A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif., April 29, 2025.
Jeff Chiu/AP
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Jeff Chiu/AP
Roughly 8,000 employees will be laid off and another 7,000 reassigned as Meta tries to keep pace in the AI race.
The social media behemoth, which had nearly 80,000 employees in March, plans to spend over $100 billion on AI infrastructure this…
Meta cuts 10% of its workforce, axing 8,000 jobs and 6,000 open roles, to reallocate billions toward AI infrastructure, data…
Meta is shifting 7,000 employees into AI roles while cutting 8,000 jobs as Mark Zuckerberg intensifies the company's AI push.
Meta plans to lay off 10% of its employees worldwide -- about 8,000 people -- and focus on artificial intelligence, an employee…
Employee morale has collapsed as Meta reports record profits while eliminating 10 per cent of its workforce. More layoffs are…
Meta cuts 10% of workforce to accelerate AI investment
