Meta to lay off 10% of workforce in AI push
April 23 (UPI) -- Meta, the parent company of Facebook and Instagram, plans to lay off 10% of its workforce worldwide -- about 8,000 people -- and focus on artificial intelligence, an employee memo said Thursday. The first round of layoffs is expected to start May 20, with more coming later in the year. The memo also said Meta will not hire people for 6,000 open roles, CNBC reported. The company had earlier chopped about 1,500 workers this year in its Reality Labs division, USA Today reported.
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