Published 2 months ago • loading... • Updated 2 months ago

Meta to Lay Off 5% of Workforce While Accelerating AI Hiring

Meta is planning to lay off about 5% of its workforce, targeting its 'lowest performers,' as confirmed in an internal memo reviewed by Reuters.
The company will backfill at least some of the positions after the layoffs, according to Meta's announcement.
Meta's VP of Engineering for Monetization, Peng Fan, requested help with expedited hiring for machine learning engineers and other critical roles.
Meta will keep its offices open on Monday and will not provide further details about the layoffs, as stated by Gale in her post.

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The Register

Center

Meta's plan to erase 5% of workforce starts today

'Intense year' ahead, warned Zuck. Got to spend billions on AI and work to stay out of Trump's bad books

2 months ago

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DNyuz

Lean Right

Meta job cuts begin. Here’s everything we know so far.

Meta has begun to cut thousands of jobs as the social media giant takes a tougher stance on underperforming employees and readies its finances for another year of heavy AI investment. Impacted employees in Europe, Asia, and the US have started to be notified, per an internal post view by Business Insider. The company has said it will eliminate roughly 5% of its workforce, which could mean almost 4,000 employees lose their jobs. CEO Mark Zuckerbe…

2 months ago

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KTVU FOX 2

Center

Meta slashes 3,600 jobs worldwide, including in the Bay Area

Tech and social media giant Meta is laying off thousands of workers in an effort to push productivity upward.

2 months ago·Oakland, United States

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The Straits Times

Lean Right

Facebook owner Meta prepares for layoffs starting from Feb 10: Internal memo

Affected staff outside the US are expected to be notified between Feb 11 and Feb 18.

2 months ago·Singapore

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Forbes

Center

Meta Job Cuts Begin Today As Tech Giant Increases Focus On AI

The social media giant's ambitious restructuring plan will affects 5% of Meta's global workforce amid industry-wide changes

2 months ago·United States

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The Siasat Daily

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Sambad English

Lean Left

Meta likely to lay off thousands of employees, says leaked memo

New Delhi: Tech giant Meta is expected to lay off around 3,000 employees, which is about 5 percent of its total workforce, as per a leaked internal memo, reports said on Sunday, February 9. According to the report, the memo, posted by Janelle Gale, Meta’s Vice President of Human Resources, was shared on the company’s internal Workplace forum. The memo states that affected employees will receive an email on Monday morning informing them about the…

2 months ago

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