Exclusive: Meta lays out details of May 20 restructuring in internal document - Reuters
Exclusive: Meta lays out details of May 20 restructuring in internal document Reuters
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Notable Quotes
"many leaders will announce org changes"
— Janelle Gale , Executive
"We’re doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we’re making."
— Janelle Gale , Executive
"the year that AI starts to dramatically change the way that we work."
— Mark Zuckerberg , Executive
"We're doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we're making."
— Janelle Gale , Executive
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<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxOeU9uWEUtam15N0pKQzdxSGZBOGVhZG84V3BETV9USHJsSjhmSThFSE5Cd3FfeGMzeUZneWxyemRqNjF4Sjc4clRPeDdMUzBud19OYzBnWENaLVQwRnBiNUZTYUlNU01qd1NYdFNqZk5MZW1QTXRCdWwxLTdndTdyTm1lR2dCRmtrYl9ybEVacXV4dDRhQ1kwcUdqeXBxeEkwYVNKWjJlSkRMWVBscnhpQndJUQ?oc=5" target="_blank">Exclusive: Meta lays out details of May 20 restructuring in internal document</a> <font color="#6f6f6f">Reuters</font>
Meta plans to lay off 10% of its employees on May 20, with additional deep cuts slated to come later this year. The company also plans to move 7,000 employees to new AI-related initiatives and eliminate managerial roles.
Meta plans to lay off 10% of its global workforce on May 20, with notifications sent in three batches globally at 4 a.m. local time. The company also plans to move 7,000 employees to new AI-related initiatives and eliminate managerial roles.
Meta plans to lay off 10% of its global workforce on May 20, with notifications sent in three batches at 4 a.m. local time. The company also intends to move 7,000 employees to new AI-related initiatives and eliminate managerial roles.
Meta plans to cut about 10% of its workforce, approximately 8,000 employees, and will not fill 6,000 open roles. The layoffs are set to take effect May 20 as the company redirects resources toward AI, including large language models and supporting infrastructure.
Meta plans to lay off 10% of its staff in May, affecting approximately 8,000 workers. The layoffs will take place on May 20, and the company will also not hire for 6,000 open roles that it had intended to fill.
Meta plans to lay off 10% of its workforce on Wednesday, with further cuts later this year. About 7,000 employees will be transferred to AI-related initiatives, and managerial roles will be cut. Organizational changes include flatter structures and smaller teams focused on AI workflows.
Meta plans to lay off 10% of its global workforce on May 20, with notifications sent in three batches globally at 4 a.m. local time. The company also plans to move 7,000 employees to new AI-related initiatives and eliminate managerial roles.
Meta will lay off around 10% of its workforce, nearly 8,000 employees, and freeze 6,000 open positions. The layoffs are set to begin on May 20 as the company boosts its AI investments.
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