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1h ago
Meta to cut 10% of jobs, or 8k employees
According to an internal memo, Meta plans to begin its sweeping layoffs on May 20.
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Meta to cut 10% of jobs, or 8,000 employees, report says
Meta to cut 10% of jobs
Memo: Meta plans to cut 10% of workers, or ~8,000 jobs, on May 20 and won't fill 6,000 open roles, in an effort to offset its AI spending and boost efficiency