Zuckerberg-Led Meta Cuts 10% Workforce, 8,000 Jobs Hit, More Layoffs Expected

Tech giant Meta, led by CEO Mark Zuckerberg, has confirmed a major round of layoffs, with around 8,000 employees set to lose their jobs globally. The move is part of a broader restructuring plan as the company increases its investment in artificial intelligence (AI).

10% Workforce to Be Cut

According to an internal memo sent to employees, Meta plans to cut nearly 10% of its global workforce. The layoffs are expected to take effect around May 20.

The message was shared by Janelle Gale, who stated that the company is undergoing internal changes that will lead to job reductions.

This confirms earlier reports that Meta was preparing for a large-scale workforce cut.

AI Investment Driving the Decision

The layoffs come as Meta is focusing heavily on AI technologies. Like many other tech companies, Meta is redirecting its resources toward innovation in artificial intelligence, which is expected to shape the future of its products and services.

This shift has led to restructuring across departments, resulting in job losses.

Hiring Freeze on Thousands of Roles

The impact of the layoffs goes beyond current employees. Meta has also decided not to fill around 6,000 open positions that were previously planned.

This hiring freeze indicates a broader slowdown in recruitment as the company adjusts its priorities.

More Job Cuts Likely Ahead

Reports suggest that this may not be the only round of layoffs. Meta is expected to carry out another round of job cuts later, which could affect an additional 8,000 employees.

If these projections hold true, the total number of layoffs could reach 20% of the company's workforce, which currently stands at around 79,000 employees.

Part of a Wider Tech Industry Trend

Meta is not alone in making such moves. Several major tech companies, including Amazon, Microsoft, and Oracle, have also announced layoffs in recent months.

These companies are restructuring their operations and investing more in AI, leading to job cuts in other areas.