April 23, 2026
6,739
224
18
3.59%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
2:14Now PlayingMeta plans to cut 10% of workers in an effort to boost efficiency and offset its heavy spending on artificial intelligence. #meta #facebook #business #tech #usa #worldnews
The company won’t hire workers for 6,000 open roles that it had intended to fill, and the layoffs will come on May 20.
Meta is making the cuts as part of its continued effort to run the company more efficiently and to allow it to offset the other investments it’s making.
----------
Like this video? Subscribe
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months
Bloomberg on YouTube:
Connect with us on social:
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.