Meta is laying off around 8,000 employees on Wednesday, May 20, with notification emails going out in three regional waves starting at 4 AM local time. A leaked memo from HR chief Janelle Gale tells North American staff to work from home as the cuts roll out. Meanwhile, 7,000 workers are being reassigned to four new AI-focused organisations as Mark Zuckerberg restructures Meta around flatter teams, fewer managers, and a $145 billion AI bet.
Source: times of india
