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Meta lays off nearly 8,000 employees as it invests $135 billion in AI infrastructure

The layoffs coincide with Meta's plan to invest up to 135 billion U.S. Dollars in AI infrastructure this year

Meta announced on April 23, 2026, that it will lay off nearly 8,000 employees by May 20, representing about ten percent of its global workforce. The layoffs coincide with Meta’s plan to invest up to 135 billion U.S. Dollars in AI infrastructure this year The company disclosed the cuts in an internal email to staff, … Weiterlesen …