Meta to trim about 8,000 roles in May as AI pivot overtakes metaverse bets

1 min read
Source: NBC Bay Area
Meta to trim about 8,000 roles in May as AI pivot overtakes metaverse bets
Photo: NBC Bay Area
TL;DR

Meta plans to cut roughly 8,000 jobs in May (about 10% of its workforce) with more reductions anticipated later this year, as leadership shifts investment from the metaverse toward AI; the report, citing Reuters, notes the broader tech layoff trend and Meta has not commented to NBC Bay Area.

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