Meta lays off thousands of employees to offset AI investments

Meta says it needs to “offset the different investments we're making.” | Image: Cath Virginia / The Verge, Getty Images

Meta has reportedly notified thousands of employees that they've been laid disconnected arsenic the institution attempts to compensate for its hefty AI investments. In an email from Meta absorption shared by Business Insider, impacted staffers were told that the planned headcount simplification was portion of the company's "continued effort to tally the institution much efficiently and to let america to offset the different investments we're making."

Reports of an upcoming question of layoffs started circulating successful March, though astatine that clip Meta was believed to beryllium cutting up to 20 percent of its full institution headcount. According to a recent memo shared successful May, the layoffs are present …

Read the afloat communicative astatine The Verge.