Meta reportedly cuts 10% of workforce affecting 8,000 employees
Meta is reportedly conducting significant workforce reductions, cutting 10% of its staff, equivalent to approximately 8,000 employees. According to a memo obtained by Bloomberg, the layoffs are part of the company’s broader strategic shift to prioritize artificial intelligence investments. The specific divisions that will be affected have not been disclosed.
Staff members were initially informed of the cuts on April 23, with official notifications to affected employees scheduled for next month. As part of the restructuring, Meta will also close 6,000 open job postings. A Meta spokesperson confirmed the layoffs to BBC News but declined to provide additional details beyond the announcement.
The company’s move reflects a wider industry trend of tech companies reallocating resources toward AI development. Meta’s memo, attributed to the company’s chief people officer, acknowledges that more details would normally be finalized before such a public announcement, but the information was shared earlier due to the story leaking to press.