Meta lays off 8,000 employees and cancels 6,000 hires while committing $145 billion to AI infrastructure, signaling a full retreat from the metaverse.

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…

Meta detailed its layoff plans for this week in a memo shared with employees on Monday, saying cuts to its workforce globally would be accompanied by a fresh round of…

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