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Meta Plans to Cut 8K Jobs to Offset AI Spending
24 Apr 2026 01:39
Meta Platforms (META.US) plans to lay off 10% of its workforce, involving about 8,000 employees, in order to improve efficiency and offset its substantial spending on AI, foreign media quoted internal documents as saying.

In a memo to employees, the Company disclosed that the layoffs will begin on 20 May. The Company will also freeze recruitment for 6,000 positions that were originally planned to be filled.
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