Facebook group Meta wants to cut around one in ten jobs

Meta had almost 79,000 employees at the turn of the year. The layoffs are likely to affect almost 8,000 people. In the email published by the financial service Bloomberg, among others, human resources manager Janelle Gale admitted that employees would face four weeks of uncertainty. However, after leaks, the decision was made to announce the basic outlines of the still unfinished plans.

The reason for the layoffs was that they wanted to make the company more efficient and offset expenses. Meta is currently investing heavily in infrastructure for artificial intelligence. For this year alone, capital investments of between 115 billion and 135 billion US dollars (98.44 billion to 115.56 billion euros) were promised.