Janelle Gayle
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Meta's chief people officer Janelle Gayle says the layoffs are part of a continued effort to run the company more efficiently.
The cuts will also allow it to offset other investments the company's making.
Meta and other big players in AI have been spending vast amounts of money to build data centers and try to win the AI race.
Gayle says while it's unwelcome news that puts employees in an uneasy state, the company feels it's the best path forward given the circumstances.
A Meta spokesperson confirmed the internal memo.
In it, Meta's chief people officer Janelle Gayle says the layoffs are part of a continued effort to run the company more efficiently.
The cuts will also allow it to offset other investments the company's making.
Gayle says while it's unwelcome news that puts employees in an uneasy state, the company feels it's the best path forward given the circumstances.
The layoffs will take place on May 20th.
Meta also will not hire for 6,000 open roles that it had intended to fill.
In January, Meta forecast record capital expenditures this year of up to $135 billion, almost double what it spent last year.