Meta to cut 10% of staff as it pours billions into AI

Meta said on Thursday it plans to lay off roughly 10% of its workforce, or about 8,000 people, the latest in a string of tech industry layoffs fueled in part by artificial intelligence.

The company is also closing around 6,000 open roles, Janelle Gale, Meta’s chief people officer, wrote in a memo published by Bloomberg that Meta confirmed to CNN.

The layoffs will go into effect on May 20.

“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,” Gale wrote.

Meta, along with other

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