Meta may slash 8,000 jobs on May 20 as AI reshapes workforce: Report - The Indian Express

Meta Platforms may lay off approximately 8,000 employees, representing about 10% of its workforce, in a first wave of job cuts expected on May 20. The report states the company is accelerating its AI-driven restructuring, with cuts aimed at cost reduction, operational streamlining, and resource reallocation toward automation and AI-driven efficiency.

According to The Indian Express, companies are laying off workers to cut costs and reallocate resources toward AI and automation. The 8,000 figure would constitute a significant reduction, though Meta has conducted multiple rounds of layoffs in recent years as part of broader efficiency measures across the technology sector.

The report reflects ongoing workforce adjustments in the technology industry as companies invest heavily in artificial intelligence. It does not specify which departments or regions might be most affected by the potential cuts at Meta.