• Home
  • Latest News
  • Cryptocurrency and NFT
  • Virtual Worlds
  • Learning Zone
  • Videos
    • News
    • Learn
  • FAQ
  • Directory
Tuesday, July 14, 2026
Metaverse News Outlet
  • Home
  • Latest News
  • Cryptocurrency and NFT
  • Virtual Worlds
  • Learning Zone
  • Videos
    • News
    • Learn
  • FAQ
  • Directory
No Result
View All Result
  • Home
  • Latest News
  • Cryptocurrency and NFT
  • Virtual Worlds
  • Learning Zone
  • Videos
    • News
    • Learn
  • FAQ
  • Directory
No Result
View All Result
Metaverse News Outlet
No Result
View All Result
Home Latest News

Meta will cut 10% of workforce as company pushes deeper into AI

2026-04-23
in Latest News
0
Meta will cut 10% of workforce as company pushes deeper into AI
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026.

Jon Putman | Anadolu | Getty Images

Meta plans to lay off 10% of its workforce, equaling about 8,000 jobs, as it continues ramping up investments in artificial intelligence.

The cuts will begin on May 20, and the company is scrapping plans to hire people for 6,000 open roles, according to a Thursday memo to employees. Bloomberg was first to report on the layoffs.

Meta’s latest round of cuts follows several smaller job reductions that the company said was necessary to to improve efficiency while focusing its efforts on generative AI, where it’s lagged OpenAI, Google and Anthropic.

CNBC reported in January that Meta fired roughly 10% of employees who were working on metaverse-related projects. Roughly 1,000 people in the company’s Reality Labs unit were let go at that time.

Another round of layoffs commenced in March and affected hundreds of employees working in a variety of units, including Facebook, Reality Labs, global operations and sales. Meta also said last month that it would shift away from third-party vendors and contractors, which have historically handled content moderation tasks, in favor of relying on various AI technologies.

Job cuts are picking up across the tech sector as companies reckon with the AI boom. Microsoft confirmed on Thursday that it will offer voluntary buyouts to some U.S. employees, a first for the 51-year-old software giant. About 7% of U.S. employees are eligible, according to a person familiar with the plans who asked not to be named because the number isn’t being made public. 

In January, Amazon announced plans to eliminate about 16,000 corporate jobs, marking its second round of mass job cuts since last October.

Meta said in its latest annual report in January that it had a global workforce of 78,865 employees as of Dec. 31, down from 86,482 in late 2022 coming off a wave of hiring throughout the tech industry in the aftermath of the Covid pandemic. The company said in a 2021 annual report that its global workforce reached 58,604 employees as of December 31, 2020.

Meta CEO Mark Zuckerberg’s top effort is to bolster his company’s position in AI. Earlier this month, Meta debuted its first major artificial intelligence model since the costly hiring of Scale AI’s Alexandr Wang in June.

This week Meta revealed to staff that it’s using a new employee tracking tool called the Model Capability Initiative (MCI), intended to capture data from staff members using their work computers. The data, which includes employee keystrokes and mouse clicks, is needed to train AI agents, a Meta spokesperson said in a statement.

Meta is scheduled to report first-quarter earnings on Wednesday, along with fellow tech giants Alphabet, Amazon and Microsoft.

Meta shares fell 2.4% on Thursday and are now about flat for the year.

WATCH: Despite the energy shock, AI arms race set to keep capex spending elevated.

Despite the energy shock, AI arms race set to keep capex spending elevated: Strategist
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Source link

Tags: CompanycutdeeperMetaPushesworkforce
Share76Tweet47
Previous Post

See Which of Tim Cook’s Visions and Tech Predictions Came True

Next Post

OpenAI Wants Its AI to Stop Talking About Goblins Randomly

Related Posts

The WALL-E Economy – GeekWire

The WALL-E Economy – GeekWire

2026-07-10
0

A scene from Pixar’s 2008 film WALL-E. (Image: Disney/Pixar) Pixar released WALL-E in June 2008, almost two weeks before Apple...

I Tried Bryan Johnson’s $117,000 Brain Scanner

I Tried Bryan Johnson’s $117,000 Brain Scanner

2026-07-10
0

I'm sitting in a small, dark room with my head wedged inside a very heavy helmet. It's surprisingly comfortable, considering...

This startup lets companies teach AI about their brands — and the chatbots are listening – GeekWire

This startup lets companies teach AI about their brands — and the chatbots are listening – GeekWire

2026-07-08
0

Optimly founder and CEO Apurva Luty pitches at the Tech Alliance’s Seattle Investor Summit + Showcase in Redmond. (GeekWire Photo...

Meta’s Reckoning Has Arrived – Business Insider

Meta’s Reckoning Has Arrived – Business Insider

2026-06-25
0

Early last year, Meta's chief technology officer, Andrew Bosworth, had a clear message for his staff. "You should quit if...

Meta’s Zuckerberg Enters the Prediction Market Arena

Meta’s Zuckerberg Enters the Prediction Market Arena

2026-06-24
0

Mark Zuckerberg has spotted a trend — once again, after others got there first. When videos exploded on TikTok, the...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Top 5 Biggest Metaverse Crypto Projects for 2022

Top 5 Biggest Metaverse Crypto Projects for 2022

2022-01-16
Why Are Photographic Avatars Vital for Work in the Metaverse?

Why Are Photographic Avatars Vital for Work in the Metaverse?

2022-01-02
YouTube’s Primetime Channels bring streaming movies and TV into the YouTube app

YouTube’s Primetime Channels bring streaming movies and TV into the YouTube app

2022-11-01

Gateway to the Metaverse | Monthly Memos from Hrish Lotlikar

2022-01-04
Someone paid 450k to be Snoop Dogg’s virtual neighbour

Someone paid 450k to be Snoop Dogg’s virtual neighbour

0
Metaverse Land On Solana Is Also Gaining Value Rapidly

Metaverse Land On Solana Is Also Gaining Value Rapidly

0
Snoop Dogg Sandbox Sale Goes Live Today!

Snoop Dogg Sandbox Sale Goes Live Today!

0
Metaverse Land Sales Are Flying

Metaverse Land Sales Are Flying

0
The WALL-E Economy – GeekWire

The WALL-E Economy – GeekWire

2026-07-10
I Tried Bryan Johnson’s $117,000 Brain Scanner

I Tried Bryan Johnson’s $117,000 Brain Scanner

2026-07-10
This startup lets companies teach AI about their brands — and the chatbots are listening – GeekWire

This startup lets companies teach AI about their brands — and the chatbots are listening – GeekWire

2026-07-08
Meta’s Reckoning Has Arrived – Business Insider

Meta’s Reckoning Has Arrived – Business Insider

2026-06-25

Metaverse News Outlet

Our mission is to bring you the latest metaverse news and help you learn about the metaverse. It doesn't matter if you're a metaverse beginner or a metaverse noob, we've got you covered. Be sure to check out our Learning Zone to find out how you can join the metaverse if you want to get involved.

Categories

  • Cryptocurrency and NFT
  • Latest News
  • Learning Zone
  • Virtual Worlds

Recent Posts

  • The WALL-E Economy – GeekWire
  • I Tried Bryan Johnson’s $117,000 Brain Scanner
  • This startup lets companies teach AI about their brands — and the chatbots are listening – GeekWire

No Result
View All Result
  • Home
  • Latest News
  • Cryptocurrency and NFT
  • Virtual Worlds
  • Learning Zone
  • Videos
    • News
    • Learn
  • FAQ
  • Directory

© 2018 Metaverse News Outlet.