Meta Announces Major Restructuring with Layoffs of 8,000 Employees
Meta is cutting approximately 10% of its workforce (around 8,000 jobs) as part of a restructuring effort to focus on artificial intelligence. In addition, up to 7,000 employees will be repositioned into AI-related roles, affecting nearly 20% of the company's total staff.
Tickers: $META
Topics: AI restructuring layoffs Meta workforce changes