genai / news / / Lokmat Times
The Facebook-parent company started sending layoff notifications in phased waves.
Meta has begun laying off nearly 8,000 employees as part of an AI-focused restructuring.
KEY POINTS
- Around 7,000 Meta employees are being reassigned into new AI-centric roles during this process.
- Meta has projected capital expenditures of $125–$145 billion for 2026, mainly for AI infrastructure.
- Meta's new organizational structures are being redesigned around AI-native principles for increased agility.
COMPANIES
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