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Meta reshuffles workforce with 8,000 layoffs and major AI pivot

Meta announced sweeping layoffs affecting about 8,000 workers (roughly 10% of its global staff), canceled 6,000 planned hires, and reassigns 7,000 employees to AI-focused roles. US employees will receive 16 weeks of severance plus two extra weeks per year of service. The move underlines a deep pivot to artificial intelligence even as morale concerns build over pay cuts and data practices tied to AI training, with investors watching AI investments closely.