Meta is preparing one of its largest job cuts in years

 Meta is preparing one of its largest job cuts in years. 

Meta is preparing one of its largest job cuts in years. The company plans to lay off around 8,000 employees, which is about 10 percent of its workforce, with cuts beginning in May according to an internal memo. Meta says the move is part of an effort to run more efficiently and free up money for its massive AI push. The company is reportedly investing heavily in AI infrastructure and talent this year. Alongside layoffs, Meta will also stop hiring for roughly 6,000 open roles, following multiple rounds of cuts since 2022 as the company reshapes itself around AI.