On Air Now

  • 045 901 490
  • 0833-979797

Now Playing

Kildare Today

with Hannah Kelly

Meta Reportedly Set To Cut 10% Of Global Workforce

Photo: @Meta

The cuts come as Meta increases spending on Artificial Intelligence

Facebook parent company Meta is to cut 10% of its global workforce, which would equate to approximately 8,000 staff.

It is not yet known what impact the layoffs will have on the company's Irish operation, which employs around 1,800 people.

According to RTÉ, the job cuts were outlined in a memo to staff, which also stated that the company will not fill thousands of open jobs it had been hiring for.

The cuts come as Meta increases spending on Artificial Intelligence (AI).

Irish-based Meta staff were impacted by a redundancy announcement in January last year, when the company said it would cut around 5% of its "lowest performing" staff globally.

The company previously cut around 840 jobs in Ireland, with rounds of redundancies in November 2022 and again in May 2023.

More from National News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Fri

    Sunny intervals

    18°C

  • Sat

    Sunny intervals

    19°C

  • Sun

    Medium-level cloud

    17°C

  • Mon

    Sunny intervals

    17°C