Meta lays off about 8,000 people, 10% of staff
Meta · · Layoffs
Meta cut about 10% of its workforce, roughly 8,000 people, and halted hiring for about 6,000 open roles. An April memo tied the cuts to offsetting its AI spending. Mark Zuckerberg told staff he did not expect further company-wide layoffs this year.
Why it counts
The largest company-wide round since the 2022–23 'Year of Efficiency', as AI spending was forecast to more than double.