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Meta trims 8,000 jobs as A.I. spending surges

1 min read
Source: BBC
Meta trims 8,000 jobs as A.I. spending surges
Photo: BBC
TL;DR

Meta plans to lay off about 8,000 employees (roughly 10% of its workforce) and not fill thousands of open roles as it doubles down on AI, with projected AI spending of about $135 billion this year, while also starting to monitor workers' computer activity to train its AI models.

Topics:businesstechnology#ai-spending#artificial-intelligence#layoffs#meta#technology#workplace-surveillance
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  1. Meta says it will cut 8,000 jobs as AI spending grows  BBC
  2. Meta will cut 10% of workforce as company pushes deeper into AI  CNBC
  3. Meta to cut 8,000 jobs, Microsoft offers buyouts to to staff as AI spending costs hit Big Tech workers  Yahoo Finance
  4. Exclusive: Meta targets May 20 for first wave of layoffs; additional cuts later in 2026  Reuters
  5. Meta is laying off 10% of its entire staff next month. Read the full memo it just sent to employees.  Business Insider

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