Blitz Bureau
NEW DELHI:US-based tech giant Meta will begin laying off 10 per cent of its global workforce from May 20, and bolster its Artificial Intelligence initiatives as part of a sweeping reorganisation aimed at streamlining operations, as per multiple reports.
According to them, the company seeks to eliminate some managerial roles and reorganise teams to create ‘AI‑native’ structures with smaller teams intended to speed up decision‑making, according to multiple reports.
The company reportedly indicated that it will close about 6,000 open positions and that the overall changes, including transfers, will affect roughly 20 per cent of its current workforce.
If implemented at that level, the job cuts could affect roughly 16,000 employees, based on Meta’s workforce of nearly 79,000 people as of December 31.
Some employees have reacted strongly to the overhaul, staging protests at company offices and posting complaints on Meta’s internal platform, Workplace.
