Meta has announced a major reorganization that includes laying off 8,000 employees and reassigning 7,000 others to AI-focused teams. The company is accelerating its pivot toward artificial intelligence to compete with rivals like OpenAI and Google.
This comes amid legal challenges over the impact of its platforms on children's mental health and a retreat from the Metaverse. The layoffs affect about 10% of Meta's workforce, with affected employees notified on Wednesday.