Business

Meta Announces Major Layoffs and Hiring Cuts

Updated 2026-05-20 18:20 UTC 1 source Negative

Tech giant Meta is cutting 8,000 jobs globally as part of a sweeping restructuring. The company plans to cancel hiring for 6,000 roles while pivoting towards AI development.

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Al Jazeera

Meta cuts 8,000 jobs in sweeping global layoffs

Meta cancels hiring plans for 6,000 roles amid ongoing layoffs and a pivot to artificial intelligence development.

2026-05-20 17:44 UTC