Silicon Valley giant slashes more jobs in AI boom bloodbath | Latest Tech News
The AI bloodbath continues in tech as Meta cuts hundreds of jobs in Silicon Valley.
The company, which owns Facebook and Instagram, laid off 2,212 people at its Menlo Park headquarters and an further 213 employees had been cut at the Sunnyvale workplace, Worker Adjustment and Retraining Notification, or WARN filings that had been launched on Thursday show.
WARN filings, which stands for the Worker Adjustment and Retraining Notification Act, requires employers to present notification of mass layoffs.
Meta, which owns Facebook and Instagram, laid off 2,212 people at its Menlo Park headquarters. Getty Images
Meta announced in April that it was planning to scale back its workforce by 10% in May, as artificial intelligence continues to disrupt the industry.
In a memo despatched to workers on May 20, CEO Mark Zuckerberg said the company is “transforming” and that “success isn’t a given.”
“AI is the most consequential technology of our lifetimes,” Zuckerberg said in the memo first reported by The New York Times. “The companies that lead the way will define the next generation.”
(L–R) US Secretary of State Marco Rubio, Priscilla Chan, Mark Zuckerberg and Lauren Sánchez attend the inauguration of President Donald Trump in0 January 2025. SAUL LOEB/POOL/EPA-EFE/Shutterstock
The filings revealed some of the most vital job loss the area has seen in latest years, and comes on top of earlier notices that confirmed layoffs of more than 300 employees in Burlingame, 252 in San Francisco, and 81 in Fremont, the San Francisco Chronicle reported.
Workers that had been most impacted by the layoffs had been software program engineers, particularly cuts to groups that centered on business-facing AI merchandise that had been built-in across the company’s social media platforms, according to SFGATE.
Meta announced in April it was planning to scale back its workforce by 10% in May, as AI continues to disrupt the industry. AFP via Getty Images
Employees will get 16 weeks of base pay, and an further two weeks for every yr of employment, the outlet reported.
“The changes we are implementing vary by team and include layoffs, open role closures, and moving thousands of employees to business critical priorities across the company,” Meta spokesperson Tracy Clayton told the paper in an e mail.
The Bay Area has been hit particularly exhausting by layoffs as the tech industry undergoes a large realignment due to AI.
Earlier this week the web site building and internet hosting platform Webflow revealed many of its workers will lose their jobs.
“The way businesses build for the web is changing fast,” Webflow CEO CEO Linda Tong said. “AI is rewriting the rules for how marketing teams create, test, and optimize digital experiences. And the companies that move decisively through moments like this are the ones that come out ahead.”
More than 140,000 tech jobs have been slashed so far this yr, with AI largely being at the middle of restructuring.
Other major tech leaders like Intuit, Cisco, and LinkedIn are also making drastic adjustments to their workforce.
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