Meta cuts hundreds of jobs, rewards executives amid AI spending

business corporate restructuring layoffs & labor

Meta Platforms is reducing its workforce by several hundred employees across multiple teams. The cuts began Wednesday and affect departments including Reality Labs, Facebook, recruiting, sales, and global operations.

The restructuring impacts employees both in the United States and international markets, marking a continuation of workforce reductions that have accelerated this year.

This move comes as Meta shifts its focus toward artificial intelligence and implements a new stock program for executives. The company is redirecting resources to support this strategic change.

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