Breaking news

Meta Reduces Workforce By 10% As It Shifts Spending To AI

Meta is reducing its workforce by 10%, affecting approximately 8,000 employees, according to Bloomberg. The move is part of a broader effort to streamline operations and reallocate resources as the company adjusts its cost structure.

Implementation And Immediate Impact

An internal memo circulated on Thursday said the layoffs will take effect on May 20. In parallel, Meta will halt recruitment for around 6,000 open positions. The scale of the restructuring was also reported by Reuters, highlighting the breadth of the company’s cost-cutting measures.

Balancing Cost And Innovation

Janelle Gale said the decision reflects an effort to improve operational efficiency while continuing to support key investments. She noted that the company is balancing cost reductions with funding for priority areas, underscoring the trade-offs involved in the restructuring. The workforce reduction comes despite the contributions of affected employees, as Meta shifts resources toward segments expected to drive future growth.

Strategic Investment Shift

Meta has increased spending in recent years, particularly on metaverse initiatives, while also accelerating investment in artificial intelligence. As returns from metaverse projects have remained below expectations, the company has placed greater emphasis on AI development. The rollout of its updated AI product, Muse Spark, reflects this shift, as Meta seeks to strengthen its position in a competitive technology environment.

Looking Ahead

As Meta implements these changes, attention will focus on how effectively the company balances cost control with continued investment in growth areas. The restructuring signals a more disciplined approach to spending, with resources being redirected toward technologies expected to deliver longer-term returns.

A New Twitter-Inspired Social Network Is Taking Shape

A new social network called Twitter.now is entering the market, with a founding team that includes former Twitter trademark counsel Stephen Coates. The service is being developed by startup Operation Bluebird.

As Ars Technica reported, X sued the company last year and asked a Delaware judge to block the launch. Operation Bluebird argued in a petition that X had abandoned trademarks including “Twitter” and “Tweet.”

Coates has said the project is not an attempt to recreate the original Twitter. In a LinkedIn post, he described the platform as a new public space focused on trust, transparency and user choice.

AI System To Rate Posts

Twitter.now is currently being tested, with early access priced at $20. Its main feature is VERA, an AI system designed to evaluate posts, verify claims and provide sources and context.

Posts receive a trust score, with users eventually able to set a minimum score to filter their feeds. The company says this approach will give people more control over what they see instead of leaving those decisions entirely to an algorithm.

Moderation Remains A Challenge

Scaling moderation will be one of the platform’s biggest tests. Social networks have repeatedly struggled with content moderation as their communities grow, and newer platforms such as Bluesky have faced similar criticism.

Operation Bluebird says VERA will form the basis of its moderation and verification system. A second version is already planned, with expanded tools that would let users set a specific trust threshold for the posts appearing in their feeds.

For now, Twitter.now remains in an early testing phase, combining the familiarity of the Twitter name with an AI-driven approach to evaluating online information.

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