Goalthe company that owns Facebook, WhatsApp and Instagram, will end jobs corresponding to 10% of its workforce, which means the dismissal of 8,000 employees, with the aim of increasing its efficiency amid its high investments in artificial intelligence (AI).
In a document distributed among its workers this Thursday collected by the agency Bloombergthe tech giant informed its employees that the layoffs will be effective on May 20. Likewise, the company will not hire 6,000 people for vacancies that it had planned to fill.
“We are doing this as part of our continuous effort to manage the company more efficiently and to compensate for the other investments we are making,” reads the Meta text collected by the aforementioned agency.
Meta’s large investments are related to AI, both infrastructure and new models and improvements to its systems. The company had almost 79,000 employees at the beginning of the year.
Other Meta divisions had already been affected by staff cuts, such as Facebook or its virtual reality division Reality Labs in recent weeks, a wave of layoffs that had numbered in the thousands.
In this way, these new cuts join the thousands already announced by other companies in the sector in recent months. Specifically, Microsoft announced the layoff of 15,000 workers last year, Amazon laid off a total of 30,000 people since October, and Oracle began laying off thousands of employees at the beginning of this month.
