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Meta Tells Staff It Plans to Cut 10% of Jobs Amid Heavy AI Spending
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April 23, 2026
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3:36Now PlayingMeta told personnel in an internal memo on Thursday that it planned to cut 10% of workers, or roughly 8,000 employees, starting on May 20. The social-media company also said it wouldn’t fill 6,000 open roles. Ed Ludlow reports on "Balance of Power."
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