Meta plans to layoff around 8,000 employees and close 6,000 open job listings, according to a company memo obtained by The Hollywood Reporter. The job cuts, which will affect around 10 per cent of its workforce, will be finalised next month.
“Normally, we would want to nail down more details before communicating about this broadly, but since this has leaked, I want to share what I can right now,” wrote Meta chief people officer Janelle Gale to staff. “I know this is unwelcome news and confirming this puts everyone in an uneasy state, but we feel this is the best path forward, given the circumstances.”
The layoffs are reportedly due to Meta’s continuing plan to shift resources into AI-related investments. Meta owns services like Facebook and Instagram, plus Meta Quest 3 developer Reality Labs (formerly Oculus VR).
The layoffs come tightly in the wake of Meta laying off around 10% of staff at its Reality Labs division earlier this year. These cuts saw more than 1,000 people out of work and the closure of a number of VR-first studios, including Twisted Pixel (the studio behind Deadpool VR), Resident Evil 4 VR developer Armature Studio, and Sanzaru Games, which developed Asgard’s Wrath 2.
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