Meta Platforms began cutting its workforce on May 20. The reduction affects approximately 10% of staff, totaling around 8,000 jobs. An internal memo detailed the layoffs as part of a strategic restructuring.
The company is reallocating resources toward an intensive artificial intelligence push. Meta plans to reassign thousands of remaining employees to AI-focused teams.
The restructuring includes the closure of 6,000 open positions. This shift prioritizes a massive AI infrastructure build-out over other business areas.