Meta to cut 8,000 jobs in fresh layoffs, freeze 6,000 open roles; shares fall 2.4% as Zuckerberg ramps up AI bets

Meta said on Thursday that it will lay off around 10% of its workforce, which works out to nearly 8,000 employees. The company is also shutting down about 6,000 open positions that had not yet been filled. According to Meta, the job cuts will begin on May 20. Janelle Gale, Meta’s chief people officer, shared the news in a memo first published by Bloomberg.

“We’re doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we’re making,” Gale wrote.