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International Business Times UK
International Business Times UK
Business
Jim Yango Fantonial

Meta Layoffs: Mark Zuckerberg Concedes Company Communicated Poorly as It Lays Off 8,000 Employees

Meta's latest round of layoffs hit staff across the world on Wednesday, with around 8,000 employees told they were losing their jobs in a restructuring that Mark Zuckerberg has tied directly to the company's huge artificial intelligence spending.

In an email sent to roughly 78,000 inboxes, the chief executive promised there would be no further company‑wide Meta layoffs this year and, in a rare admission, accepted that leadership had handled the run‑up badly.

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