
The meta platform began notifying employees on Monday to lay off employees, launching a process that would end thousands of people as the company weakens “low performance” and creates new talents to dominate the AI competition for new talents.
According to people familiar with the matter, the naming was because the details were not public. Employees who review their bonuses will still receive one, and employees will still receive a stock reward, as part of the upcoming vesting cycle later this month.
CEO Mark Zuckerberg told employees that Meta will cut 5% of its workforce (such as 3,600 people) with a focus on employees who “don’t meet expectations,” Bloomberg News ) reported for the first time in mid-January. Zuckerberg said last month that it will receive affected U.S. employees on February 10, while international employees can learn later.
Facebook co-founders said in another message to managers that the cuts would hire the number of people “the strongest talent” for the company.
META’s layoffs have remained consistent in recent years. As part of the efficiency drive, the company laid off thousands of employees in 2022 and 2023. The latest shooting wave is expected to be completed before the end of the performance cycle in February. When Meta tried to beat competitors including Openai and Deepseek in a fast-moving AI competition, they came.
Zuckerberg told investors in late January that Meta is expected to eventually spend hundreds of billions of dollars on AI infrastructure. The California-based Menlo Park company is applying AI across its app and business units, from social media platforms such as Instagram and Facebook to virtual reality glasses.
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