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Meta Platforms (META) has confirmed to its employees that it will conduct job cuts next month and will close 6,000 open roles in an effort to increase efficiencies and offset heavy spending on its ...

Meta Platforms Inc. told staff today that it’s planning to lay off about 8,000 employees, or roughly 10% of its workforce, and cancel 6,000 open roles in an efficiency drive aimed at offsetting a ...

The Instagram and Facebook owner will also close 6,000 open job listings. By Alex Weprin Senior Editor Meta Platforms Inc. is laying off some 8,000 employees, about 10 percent of its staff, as it ...

Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May, cancelling 6,000 open roles, and planning additional cuts for H2 2026. The layoffs, announced via an ...

Meta's fourth-quarter growth was impressive, but management's outlook for Q1 was even more notable. Management guided for first-quarter revenue of $53.5 billion to $56.5 billion. The midpoint of this ...

Meta said on Thursday it plans to lay off roughly 10% of its workforce, or about 8,000 people, the latest in a string of tech industry layoffs fueled in part by artificial intelligence. The company is ...