New Economy Review

Layoffs

2 articles

Robotic arms and AI interfaces overshadowing a group of concerned employees, symbolizing Meta's layoffs due to AI advancements.
Global Markets

AI advancements drive Meta layoffs, impacting 8,000 employees

Meta Platforms is reducing its workforce by approximately 8,000 employees and plans to close 6,000 open job roles, according to The New York Times .

Arthur Sterling·May 20, 2026
Employees silhouetted against massive, glowing AI servers in a dimly lit data center, representing Meta's AI-focused restructuring and workforce changes.
The Future of Work

Meta lays off 8,000 in AI-focused restructuring

Even as Meta prepares to lay off 8,000 employees this week, the company is committing $135 billion to AI projects this year.

Nolan Begay·May 20, 2026