-
Trump expected to name intel chief Clayton as AI czar: reports
-
New rallies urged in France as protests disrupt over 730 schools
-
Argentina unveils passports-for-investment scheme
-
Djokovic survives China Open scare, Sabalenka starts strong
-
Brazil election debate chaos sparks censorship row
-
King Charles to evoke colonial 'darkest days' on Caribbean tour
-
England's Carse charged by cricket body over nightclub incident
-
Tesla shares jump after global car sales top estimates
-
Amazon vows $1 bn for data center towns, decries 'myths'
-
DR Congo Ebola outbreak killed more than 4,000: official figures
-
Oil prices drop on G7 fuel release, US jobs data boosts stocks
-
Djokovic survives China Open scare against wildcard world no. 104
-
G7 agrees deal to ease global energy supply concerns
-
Lula, Bolsonaro trade blows in final scramble for votes in Brazil
-
Spain's government dealt blow as lawmakers reject housing bills
-
New clashes erupt as protests disrupt over 560 French schools
-
Food, medicine shortages deepen in Russian-occupied Oleshky
-
NY governor vows to close loophole after alleged Cornell gang rape
-
Man City whistleblower Rui Pinto facing 'dire consequences' - lawyers
-
Ethiopia Tigray rebels pushed back as regional tensions spike
-
Russia 'tearing Kyiv apart', mayor says, as strikes paralyse traffic
-
Stocks rise, yields fall as US job numbers disappoint
-
Taiwan boxer Lin wins Games gold as Japan edge North Korea on penalties
-
Man City verdict a 'big topic' for England players, says Tuchel
-
Japan tame North Korea to win Games gold after shootout drama
-
NY attorney general tasked with investigating alleged Cornell gang rape
-
US posts weak job growth data in September
-
China widens military footprint with Laos air base
-
Ethiopia's conflict: the regional dimension
-
G7 talks as US pressures Europe over diesel stocks
-
Life expectancy almost back to pre-Covid levels, says WHO
-
Man City launch appeal against explosive financial ruling
-
Turkey's football referee chief faces judge in graft probe
-
Swiss president to quit government
-
Verstappen goes own way to avoid the rain
-
Europe rejects US threats over diesel stocks, urges joint G7 action
-
Oil slides, bonds steady as EU addresses diesel price surge
-
Philippines tennis star Eala says 'I get overwhelmed sometimes'
-
Spain housing package at risk in parliament, as protests mount
-
Ferrari chief Vasseur has support from rival team bosses
-
Swedish Social Democrats leader to make new bid to form government
-
Pilot in flydubai attack says could not let 'all those people die'
-
North Korea calls Seoul 'despicable' after DMZ apology demand
-
Eurozone inflation hits three-year high at 3.8% in September
-
Taiwan boxer Lin wins gold as virtual taekwondo makes Games debut
-
Ancelotti says Brazil 'respects' India ahead of showdown
-
Man City face appeal deadline after explosive financial verdict
-
North Korean leader's sister calls Seoul 'despicable' after DMZ apology demand
-
Pole vault superstar Duplantis to skip indoor season
-
Germany's crisis-hit rail operator looks to AI future
Zuckerberg says he feels 'weight' of Meta layoffs
Meta began laying off roughly 8,000 employees Wednesday -- about 10 percent of its global workforce -- as co-founder and Chief Executive Mark Zuckerberg pushes to redirect resources toward an ambitious artificial intelligence agenda.
According to Bloomberg, notifications went out beginning in the early morning hours, with Singapore-based workers among the first to be informed.
In addition to the cuts, Meta said in April it would cancel plans to hire 6,000 people and shift 7,000 other employees into AI workflow-related roles.
In a memo to staff Wednesday, posted by Business Insider, Zuckerberg expressed thanks to departing employees and sought to reassure those remaining.
"It's always sad to say good-bye to people who have contributed to our mission and to building this company," he wrote. "I feel the weight of that."
Zuckerberg said he did not expect additional company-wide layoffs this year, and acknowledged the company had fallen short in its communications with staff.
He struck an optimistic tone about the company's direction, saying Meta was "one of the few companies positioned to help define the future" and reaffirming his goal of delivering "personal superintelligence" to users worldwide.
The restructuring is the largest company-wide round of cuts since Zuckerberg's 2022-2023 "Year of Efficiency" campaign, which eliminated roughly 21,000 positions.
The move comes as Meta dramatically ramps up spending on AI infrastructure.
Meta has forecasted capital expenditures to reach between $125 billion and $145 billion for the year -- more than double the company's 2025 outlay.
J.Fankhauser--BTB