Meta Announces New Round of Layoffs Amid AI Investments

Meta is set to begin a new round of layoffs this week, cutting approximately 8,000 jobs as part of ongoing workforce reductions. The company has shifted its tone on job cuts since the start of widespread layoffs in late 2022 and plans further rounds later this year.

By Jonathan Vanian,Julia Boorstin · CNBC ·

Meta Announces New Round of Layoffs Amid AI Investments

Tickers: $META

Topics: CEO communication layoffs Meta workforce reduction

Read the full article at CNBC

More World news