genai / news / / India.com
Mark Zukerberg’s Facebook-parent company Meta has started sending layoff notifications in phased waves.
Meta is cutting about 8,000 jobs globally and eliminating 6,000 open positions.
KEY POINTS
- Nearly 7,000 employees will be reassigned to new AI-focused roles during the restructuring.
- Meta is redesigning teams around AI-native principles to create flatter, faster-moving structures.
- Projected capital expenditure for 2026 is $125–$145 billion, mainly for AI data centers and chips.
- Mark Zuckerberg stated data collected during restructuring is for AI improvement, not surveillance.
COMPANIES
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