Meta is reportedly laying off several hundred employees as part of a restructuring effort.
The job cuts will impact departments including sales, recruiting and the Reality Labs hardware division.
The total number of impacted employees is expected to remain below 1,000.
Meta is reportedly laying off several hundred employees as part of a restructuring effort that affects multiple teams across the company. The job cuts will impact departments including sales, recruiting and the Reality Labs hardware division, reports Bloomberg, citing people familiar with the matter. The layoffs are said to affect employees in the US as well as other international locations. The total number of impacted employees is expected to remain below 1,000. Meta had roughly 79,000 employees globally at the beginning of the year.
SurveySome employees who lose their current roles may still have the opportunity to remain at the company. The report suggests that some employees are being offered different positions within Meta or asked to relocate to another location if they wish to stay at the company.
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To prepare for the layoffs, some members of the Reality Labs division were reportedly asked to work remotely on Wednesday.
‘Teams across Meta regularly restructure or implement changes to ensure they’re in the best position to achieve their goals,’ a Meta spokesperson was quoted in the report. ‘Where possible, we are finding other opportunities for employees whose positions may be impacted.’
The news comes at a time when Meta is heavily investing in AI. The company has been among the most aggressive tech firms when it comes to spending on AI infrastructure and development.
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Meta projected record capital expenditures this year, potentially reaching as much as $135 billion. CEO Mark Zuckerberg also earlier said the company plans to spend around $600 billion on infrastructure projects in the US by 2028.
This is not the first round of job cuts at Meta this year. In January, Reality Labs reduced its workforce by more than 1,000 employees as the company shifted its focus towards AI-powered wearable devices, while moving away from some of its metaverse-focused projects.
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Ayushi Jain
Ayushi works as Chief Copy Editor at Digit, covering everything from breaking tech news to in-depth smartphone reviews. Prior to Digit, she was part of the editorial team at IANS. View Full Profile
