GeriMeta Announces 8,000 Layoffs with Promises of Stability for Remaining Employees

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Times of India23.05.2026BusinessIndia

Meta Announces 8,000 Layoffs with Promises of Stability for Remaining Employees

Meta Layoffs Mark Zuckerberg AI Projects

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Meta CEO Mark Zuckerberg announced 8,000 layoffs (10% of workforce), promising no further company-wide layoffs in 2026 and acknowledging poor communication.
7,000 employees are reassigned to AI projects, and 6,000 open roles scrapped.

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Meta CEO Mark Zuckerberg announced 8,000 layoffs (10% of workforce), promising no further company-wide layoffs in 2026 and acknowledging poor communication. 7,000 employees are reassigned to AI projects, and 6,000 open roles scrapped.

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