Meta cut around 8,000 jobs today as it restructures around AI. Dozens of Israeli employees included.
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Meta Plans Layoffs Starting May 20
Meta Platforms plans to begin a first wave of sweeping layoffs on May 20, with additional cuts expected later in the year, Reuters reports, citing sources. The company is expected to reduce about 10% of its global workforce, roughly 8,000 employees, in the initial round.
UK PM Summons Tech Leaders on Child Safety
UK Prime Minister Keir Starmer will summon leaders from major social media platforms - including Meta, Snapchat, Google (YouTube), TikTok and X - to 10 Downing Street tomorrow to demand stronger action on child safety, officials say.
Meta, Google Liable in Social Media Case
Meta Platforms Inc. and Alphabet Inc.’s Google were found liable and must pay damages to a 20-year-old woman who alleged that her addiction to the companies’ social media platforms caused her to suffer a mental health crisis, a jury said, Bloomberg reported.