Major technology companies in the United States are continuing workforce restructuring amid a growing focus on artificial intelligence (AI), with Meta and LinkedIn announcing significant layoffs and organisational changes.
According to a report by News, Meta is planning a major restructuring exercise that includes layoffs affecting nearly 10 per cent of its workforce, while shifting around 7,000 employees into AI-focused
roles.
The report said Meta will reorganise these employees into four new AI-focused divisions as part of its broader strategy to increase investments in artificial intelligence.
As part of the restructuring, around 8,000 employees are expected to be laid off, while nearly 6,000 open positions will remain unfilled. Meta had earlier outlined the restructuring plan in an internal memo issued in April.