genai / news / / Times of India
Meta is laying off roughly 8,000 people on Wednesday, May 20.
Meta will lay off approximately 8,000 employees on May 20, 2025.
KEY POINTS
- 7,000 retained staff will be reorganized into four new AI-focused organizations with flatter structures.
- Meta is eliminating 6,000 open positions it was actively hiring for, not just cutting current staff.
- Meta's capital spending is being heavily redirected toward AI infrastructure, totalling up to $145 billion by 2026.
- Leadership has confirmed another round of layoffs is planned for August, with more possible later in 2025.
COMPANIES
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