Meta has begun laying off thousands of employees worldwide as the company restructures its operations around growing investment in artificial intelligence. The job cuts, which started on 20 May, are expected to affect around 8,000 workers across Meta's global operations.
Chief executive Mark Zuckerberg told employees in an internal memo that Meta does not currently expect further company-wide layoffs this year. The Facebook and Instagram parent company is simultaneously reorganising large parts of its workforce as it continues spending heavily on AI infrastructure and products.
