Anthony Quintano
As per one source, the job cuts are expected to affect roughly 10% of its staff, equating to around 8,000 workers.
The sources indicated that the company intends to implement additional layoffs in the latter half of 2026. The report mentions that the specifics of these layoffs, such as when they will occur and their extent, have not been established yet. Management might modify its strategies based on the progress of its AI capabilities, the sources indicated.
A source informed Reuters that certain employees will be moved to the Meta Small Business division, which was established last month as part of reorganization.
Meta chose not to provide details regarding the timing or extent of the upcoming layoffs.
According to Reuters, the company’s CEO Mark Zuckerberg is pouring "hundreds of billions" of dollars into AI, aiming to realign his company's internal framework with the technology. The agency notes that this indicates a wider pattern among major American firms this year, especially within the tech industry.
In recent months, Amazon has reduced its office workforce by 30,000 employees, accounting for around 10% of its white-collar jobs. In February, fintech firm Block eliminated nearly half of its personnel, according to Reuters. In both instances management linked the job cuts to efficiency improvements made possible by AI.
source: reuters.com
The sources indicated that the company intends to implement additional layoffs in the latter half of 2026. The report mentions that the specifics of these layoffs, such as when they will occur and their extent, have not been established yet. Management might modify its strategies based on the progress of its AI capabilities, the sources indicated.
A source informed Reuters that certain employees will be moved to the Meta Small Business division, which was established last month as part of reorganization.
Meta chose not to provide details regarding the timing or extent of the upcoming layoffs.
According to Reuters, the company’s CEO Mark Zuckerberg is pouring "hundreds of billions" of dollars into AI, aiming to realign his company's internal framework with the technology. The agency notes that this indicates a wider pattern among major American firms this year, especially within the tech industry.
In recent months, Amazon has reduced its office workforce by 30,000 employees, accounting for around 10% of its white-collar jobs. In February, fintech firm Block eliminated nearly half of its personnel, according to Reuters. In both instances management linked the job cuts to efficiency improvements made possible by AI.
source: reuters.com
