Meta begins cutting 8,000 jobs globally, starting in Singapore, while investing $135 billion in AI. Here's what the layoffs mean for tech and crypto.

Employee morale has collapsed as Meta reports record profits while eliminating 10 per cent of its workforce. More layoffs are expected in August and autumn 2026 as the company…

It will transfer 7,000 staff to AI initiatives, eliminate managers. Read more at straitstimes.com. Read more at straitstimes.com.

Meta starts fresh global layoffs affecting thousands as Zuckerberg pushes aggressive AI investments and major workforce restructuring plans.

Big tech confirma promessa e inicia processo com disparo de email de madrugada para equipe em Singapura