Audio By Carbonatix
Meta CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters.
He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10% of its workforce globally and transferring 7,000 other employees to new initiatives related to AI workflows.
"I want to be clear that we do not expect other company-wide layoffs this year. I also want to acknowledge that we haven't been as clear as we aspire to be in our communication, and that's one area I want to make sure we improve," he said in the memo.
The changes are part of a far-reaching overhaul taking place at Meta this year, as the company surges its AI investments in a bid to centre AI agents in both its product offerings and its approach to work internally.
In total, the layoffs and transfers announced this week are affecting about 20% of the company's workforce. Some of the transfers have already happened, while in other cases, employees are being notified on Wednesday.
Reuters previously reported that Meta was planning additional deep cuts for later this year.
Latest Stories
-
DVLA to expand mobile services to underserved communities in Ghana’s Eastern Corridor of the Northern Region
4 minutes -
GUTA urges GPHA to act swiftly to end Tema Port congestion to avert rising business costs
4 minutes -
Port congestion could undermine 24-hour economy policy – GUTA
5 minutes -
NSA opens three-day window to resolve national service biodata mismatches
14 minutes -
Abu Jinapor highlights increased gold exports after Domestic Gold Purchase Programme
19 minutes -
NPP UK branch calls for independent audit into gold purchasing operations and parliamentary probe
52 minutes -
Zanetor Agyeman-Rawlings pledges decisive action on climate change, galamsey and environmental degradation
56 minutes -
Bawumia was brainchild behind Domestic Gold Purchase Programme – Samuel Jinapor
58 minutes -
Fuel prices set to go up from September 1, Petrol to sell at GHC 16.69 and Diesel, GHC 17.90 – COMAC
60 minutes -
Our World Our People withdrawn due to curriculum duplication, not politics – Adutwum’s spokesperson
1 hour -
GANRAP is essentially a rebranding of Domestic Gold Purchase Programme – Abu Jinapor
1 hour -
I am tired of being in opposition, my goal is to win in 2028 – Boakye Agyarko
1 hour -
Ghana’s road maintenance funding gap deepens as only 37% of needs met – World Bank
1 hour -
Roland Europe Group appoints Opoku Sanaa as Head of Sales, Middle East & Africa
1 hour -
Sammyflex TV’s Roland Amartey girds up for 2026 Ghana Music Awards UK coverage
2 hours