Meta begins 8,000 layoffs in AI restructuring (opens in new tab)

Meta began notifying employees on May 20 that it is cutting roughly 8,000 jobs, about 10% of its reported workforce of about 78,000, as the Facebook, Instagram and WhatsApp parent reorganizes around artificial intelligence. Business Insider said the company scheduled layoff emails in three waves at 4 a.m. local time across regions, with Singapore among the first locations affected. The company is also moving about 7,000 employees into AI-related initiatives and eliminating managerial roles as...