Meta to move 7,000 employees to AI roles amid 10% layoffs: Source

Meta is transitioning 7,000 employees to roles focused on artificial intelligence (AI) and is consolidating them into four new organizations as part of a broader reorganization expected to be announced.
The initiative includes laying off approximately 8,000 employees, while not filling around 6,000 open positions, affecting various departments including Reality Labs, Facebook social teams, and sales.
This reorganization, initially detailed in an internal memo in April, is intended to make the company more efficient and offset additional investments in AI.
Meta has faced stock declines, down nearly 9% for the year, with analysts expressing reservations about the sustainability of its increased AI investment relative to competitors.
The company expects to inform affected employees about the layoffs and reorganizations early Wednesday morning, with communications varying by region.

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