New Economy Review

Workforce Reduction

1 article

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