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Meta Cuts 8,000 Jobs as Zuckerberg Signals Shift Toward AI Competition

Meta Platforms cut 8,000 positions Wednesday, representing approximately 10 percent of its workforce, CEO Mark Zuckerberg announced in a staff memo. Zuckerberg framed the reductions as necessary given intensifying competition in artificial intelligence development. "Success isn't a given," he told employees, emphasizing that AI represents "the most consequential technology of our lifetimes" and that leading companies will shape the next generation. The job cuts follow an April announcement that Meta would halt hiring for 6,000 open positions. Separately, about 7,000 Meta employees will transition into newly created AI-focused roles as the company reallocates resources. The moves underscore broader restructuring across the technology sector, with competitors including Cisco announcing 4,000 layoffs amid similar strategic pivots.