Meta Chips Away at Staff in AI-Driven Overhaul

Meta is laying off about 8,000 workers (roughly 10% of its 78,000-strong workforce) in three waves while shifting more than 7,000 employees to AI initiatives and flattening management layers. US severance includes 16 weeks of base pay plus two weeks per year of service, plus 18 months of healthcare; international packages vary. The move aligns with Meta’s heavy AI push and 2026 capital expenditures guidance, but morale has suffered and more restructuring could follow.