Meta slashes 8000 jobs in $200 billion AI pivot
Meta's previously-reported 8000-strong job cuts have begun to roll out around the world, with affected employees being notifed from 4am in their local time zones.
Last month, Meta confirmed the job cuts were in the works as part of a major AI-focused restructure.
"We're doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we're making," Meta's chief people officer Janelle Gale said at the time in an internal memo to employees.
Meta chief executive Mark Zuckerberg. (AP/Nic Coury)
"This is not an easy trade-off and it will mean letting go of people who have made meaningful contributions to Meta during their time here."
The New York Times has also reported that a further 7000 employees will ...