• About Us
  • Privacy Policy
  • Terms of Use
  • Breaking News
  • Explainers
  • Listen Live
Thursday, June 18, 2026
Citinewsroom - Comprehensive News in Ghana
Advertisement
  • Home
  • News
    • Regional News
      • Ahafo Region
      • Ashanti Region
      • Bono East Region
      • Bono Region
      • Central Region
      • Eastern Region
      • Greater Accra Region
      • Northern Region
      • North East Region
      • Oti Region
      • Savanna Region
      • Upper East Region
      • Upper West Region
      • Volta Region
      • Western Region
      • Western North Region
  • Sports
    • World Cup
  • Politics
  • Business
  • Entertainment
  • Articles
  • Explainers
  • Editorials
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
    • Regional News
      • Ahafo Region
      • Ashanti Region
      • Bono East Region
      • Bono Region
      • Central Region
      • Eastern Region
      • Greater Accra Region
      • Northern Region
      • North East Region
      • Oti Region
      • Savanna Region
      • Upper East Region
      • Upper West Region
      • Volta Region
      • Western Region
      • Western North Region
  • Sports
    • World Cup
  • Politics
  • Business
  • Entertainment
  • Articles
  • Explainers
  • Editorials
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
No Result
View All Result

Meta says it will cut 8,000 jobs as AI spending soars

April 24, 2026
Reading Time: 2 mins read
ShareShareShareShare

Meta will cut thousands of jobs next month as it spends more than ever on artificial intelligence (AI) projects.

The company told employees in a memo on Thursday that it plans to cut 10% of its workforce – roughly 8,000 staff. It said it will also not fill thousands more open jobs it had been hiring for.

A key reason for the layoffs is Meta’s increased spending in other areas of the company, including AI, for which it will this year spend $135bn (£100bn). This is roughly equal to the amount it has spent on AI in the previous three years combined, according to a person who viewed the memo.

A spokesman for Meta confirmed the planned job cuts but declined to comment further.

Mark Zuckerberg, Meta’s co-founder and chief executive, made public comments in January that essentially telegraphed the company would be cutting jobs again this year.

The Meta boss said he had seen how much more productive workers who relied heavily on AI tools had become, noting a single person could now complete projects that would have previously required a large team.

“I think that 2026 is going to be the year that AI starts to dramatically change the way that we work,” Zuckerberg said.

Last week Reuters news agency reported that Meta was planning to cut potentially more than 10,000 employees this year. The memo to employees on Thursday was first reported by Bloomberg.

While Meta has already cut around 2,000 workers in two smaller rounds of layoffs already this year, employees had been braced for weeks for a much deeper cut, as the BBC previously reported.

Meta’s spending and internal focus had shifted heavily in recent months toward catching up on the development of AI models and tools.

The company just this week informed employees that it would begin tracking and logging their interactions with work computers in order to help train and improve its AI models, a move one employee called “dystopian” given the looming layoffs.

“This company has become obsessed with AI,” they told the BBC.

Since 2022, Meta has enacted several rounds of job cuts, shedding tens of thousands of workers.

But it had started hiring again, and last year its overall number of employees looked to be at around the same level it had been at before its initial layoff.

The upcoming jobs cuts will be Meta’s largest layoff since 2023.

A number of other tech firms, most of which are also spending huge sums on building tools and infrastructure for AI technology, have also enacted swathes of job cuts this year.

Amazon has laid off more than 30,000 workers. Oracle laid off more than 10,000 workers.

Block, which is among the smaller tech companies, laid off nearly half of its staff totaling more than 4,000 workers. And Snap, another smaller tech company, has laid off around 1,000.

Also on Thursday, Microsoft told employees that it would offer thousands of workers with longer tenure at the firm voluntary buyouts.

Nearly all of the companies have cited the growing capabilities of, or increased investment in, AI technology as a factor in executives’ perceived need for fewer employees.


Explore the world of impactful news with CitiNewsroom on WhatsApp!

Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU:
https://whatsapp.com/channel/0029VaCYzPRAYlUPudDDe53x

No spam, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital

Source: BBC
Tags: Mark ZuckerbergMeta
ShareTweetSendSend
Previous Post

More than 500 people killed in Tanzania election violence, inquiry finds

Next Post

Injured Lamine Yamal ‘expected to be fit’ for World Cup

Related Posts

Technology

EU orders Meta to open WhatsApp to rival AI chatbots

June 10, 2026
Technology

Meta settles social media addiction case with US school district

May 22, 2026
Technology

China blocks Meta’s $2bn acquisition of AI start-up Manus

April 28, 2026
Technology

Ex-Meta worker investigated for downloading 30,000 private Facebook photos

April 8, 2026
Technology

Meta, YouTube found liable in landmark social media addiction trial

March 26, 2026
Technology

Meta buys ‘social media network for AI’ Moltbook

March 11, 2026
Next Post

Injured Lamine Yamal 'expected to be fit' for World Cup

ADVERTISEMENT
Citinewsroom - Comprehensive News in Ghana

CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Archives

Download App

Download

Download

  • About Us
  • Privacy Policy
  • Terms of Use
  • Breaking News
  • Explainers
  • Listen Live

© 2024 All Rights Reserved Citi Newsroom.

No Result
View All Result
  • Home
  • News
    • Regional News
      • Ahafo Region
      • Ashanti Region
      • Bono East Region
      • Bono Region
      • Central Region
      • Eastern Region
      • Greater Accra Region
      • Northern Region
      • North East Region
      • Oti Region
      • Savanna Region
      • Upper East Region
      • Upper West Region
      • Volta Region
      • Western Region
      • Western North Region
  • Sports
    • World Cup
  • Politics
  • Business
  • Entertainment
  • Articles
  • Explainers
  • Editorials

© 2024 All Rights Reserved Citi Newsroom.