Business | Meta reveals details about layoffs in Playa Vista and Menlo Park by Lily Wright

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Meta announced it will lay off more than 2,000 California employees—including roughly 2,200 people at its Menlo Park headquarters and 74 at the Playa Vista office—as part of a broader effort to cut about 10 percent of its global workforce (around 8,000 jobs). The cuts, disclosed to staff on May 22 with departures slated by July 22, are intended to fund the company’s expanding artificial‑intelligence initiatives and improve efficiency, a move echoed by other California tech firms such as Intuit, which is also shedding a large portion of its staff. CEO Mark Zuckerberg said no additional company‑wide layoffs are planned for 2026.

Read more: https://www.latimes.com/business/story/2026-06-02/meta-provides-details-about-layoffs-in-playa-vista-menlo-park

#Meta #MarkZuckerberg #Google #CaliforniaEmploymentDevelopmentDepartment #SiliconValley

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