Meta Workers Fear Further Job Cuts as Layoffs Begin

Meta will cut around 8,000 jobs this week amid increased artificial intelligence (AI) spending. And as CNBC reported Monday (May 18), those layoffs could be part of a larger series of cuts at the tech giant. Current and former Meta employees told the network this has ushered in an “emerging sense of dread” at the company, in part because additional layoffs are expected this year, including another possible round of cuts in August.