Meta to lay off 8,000 employees amid tech industry wave of job cuts driven by artificial intelligence
Meta, the parent company of Instagram and Facebook, has announced that it will lay off around 8,000 employees as part of broader shifts across the technology industry influenced by the rise of artificial intelligence. The company has also decided to eliminate approximately 6,000 open and previously announced positions
According to the CinemaDrame News Agency, Meta is laying off 8,000 employees amid a wave of job cuts across the tech industry driven by artificial intelligence.
Meta Platforms, the parent company of Instagram and Facebook, has announced that it will reduce its workforce by around 8,000 employees, representing nearly 10% of its total staff. The decision has been made as part of a broader shift in resources toward other areas, particularly major investments in artificial intelligence.
According to the company, affected employees will be informed of their status next month. Meta has also decided to eliminate around 6,000 open positions. This information was disclosed in an internal memo from the company’s chief human resources officer, which was seen by a news outlet.
The memo states: “We usually prefer to finalize full details before making public announcements, but since this has been leaked, we are sharing what we can at this time.” It further emphasizes that while the news is unpleasant for employees, the company considers it the best course of action under current conditions.
This round of layoffs at Meta follows a similar trend across other major tech companies. Last week, Snap laid off around 1,000 employees, citing a greater focus on integrating artificial intelligence into its operations. Amazon had previously cut around 16,000 jobs.
On the same day, Microsoft also announced a voluntary buyout program for around 7% of its workforce in an effort to restructure for the next phase of technological development.
Companies such as Microsoft, Meta, Google, and Amazon are investing billions in artificial intelligence, including building data centers, expanding computing capacity, and increasingly using AI tools to improve speed and efficiency.
However, these shifts have also raised concerns about the impact of artificial intelligence on the economy and the labor market, both due to the high cost of computing infrastructure and the potential reduction in future job opportunities.
