Irish Independent : Independent | Meta cuts nearly 8,000 jobs as it tells workers it’s looking to be more efficient

AI generated summary, Read the full article for complete information.

Meta announced it will cut nearly 8,000 jobs—about 10 % of its workforce—while pledging to run more efficiently and offset other investments, particularly in artificial‑intelligence initiatives. The layoffs, affecting roughly 7,900 of its 79,000 employees, are slated for May 20, and the company will also pause hiring for the 6,000 open positions it had planned to fill. In the United States, affected staff will receive a severance package of 16 weeks’ base pay plus two additional weeks for each year of service, together with healthcare assistance. Meta’s chief people officer, Janelle Gale, said the move is intended to balance the company’s spending, which this year is projected at $162‑$169 billion, largely on infrastructure and AI‑related technical talent. The impact on Meta’s Irish operation—employing around 1,800 people—has not been confirmed.

Read more: https://www.independent.ie/business/technology/meta-cuts-nearly-8000-jobs-as-it-tells-workers-its-looking-to-be-more-efficient/a219034961.html

#Meta #MetaIreland #JanelleGale #MarkZuckerberg

AI generated summary, Read the full article for complete information.

News Headlines | Fears for Irish jobs as Meta confirms global layoffs

AI generated summary, Read the full article for complete information.

Meta announced a 10 % cut to its global workforce—about 8,000 jobs—while its Irish operation, which employs roughly 1,800 people, remains uncertainly affected. A Meta Ireland spokesperson confirmed the Bloomberg report of the layoffs but declined further comment, noting the company also plans not to fill thousands of open positions as it boosts spending on artificial‑intelligence tools. The move follows earlier AI‑driven job reductions, including 15 roles threatened in Ireland, and aligns with CEO Mark Zuckerberg’s claim that 2026 will see AI dramatically reshape the business, “flattening teams” by allowing single talent to accomplish work once handled by larger groups. Recent Irish‑based redundancies in 2022, 2023 and early 2024, which cut about 5 % of “lowest‑performing” global staff, foreshadow the current cuts.

Read more: https://www.rte.ie/news/business/2026/0424/1569874-meta-layoffs/

#Meta #MarkZuckerberg #MetaIreland

AI generated summary, Read the full article for complete information.

Tough day for a considerable volume of people. Hopefully there are enough opportunities in the industry to accommodate the lay offs.

Around 490 jobs to go at Meta Ireland
https://www.rte.ie/news/business/2023/0524/1385284-meta-ireland/

#meta #metaIreland #jobLosses