Meta has informed its staff it will let go of roughly 8,000 employees — approximately 10% of its workforce — as it looks to bolster its presence in the artificial intelligence space. The employees were told about the sweeping cuts in a memo as the company prepares to make heavy investments in AI. The layoffs are expected to begin May 20."I know this is unwelcome news and confirming this puts everyone in an uneasy state, but we feel this is the best path forward, given the circumstances," Chief People Officer Janelle Gale wrote in the memo obtained by Bloomberg News.META'S BAY AREA LAYOFFS AFFE...
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