Meta Laying Off 8,000 Employees, 10% of Workforce, Amid Surge in Spending on AI

Meta, parent of Facebook and Instagram, is laying off about 8,000 employees — and eliminating another 6,000 open jobs — as it is in the midst of a companywide shift to artificial intelligence. The job cuts were announced in an internal memo to Meta staffers from the company’s head of HR, Janelle Gale. “We’re doing […]