Mark Zuckerberg's Meta To Begin Mass Layoffs Next Week, Speeds Up Hiring Of Machine Learning Engineers: Report

Quick Summary:

What Happened: Meta has notified employees about upcoming layoffs on Friday, according to an internal memo reviewed by Reuters.

According to the company, affected employees in most countries, including the U.S., will begin receiving notifications at 5 a.m.local time on Monday.

See Also: Wall Street Drops On Tariffs Threat, Dollar Rises, Uber Rockets On Ackman's Tweet: What's Driving Markets Friday?

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets: United StatesFranceGermanyItalyNetherlands

Topics: Mark Zuckerberg Markets Social Media News Benzinga Artificial intelligence Social media Tech META Consumer Tech Equities Layoffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-08 @ 08:06:36 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25978529

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Official Website: benzinga.com

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