Meta Lays Off 8000 Employees as AI Spending Surges — What It Means for the Future of Work
Meta Lays Off 8000 Employees, which equals about 10% of its workforce. At the same time, the company has canceled plans to fill 6,000 open roles. As a result, nearly 14,000 positions will disappear from Meta’s hiring plans in 2026. The layoffs will begin on May 20 and will roll out in phases. This move…