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business17m ago
Meta reveals details about layoffs in Playa Vista and Menlo Park
- Meta will lay off more than 2,000 workers in California as part of a 10% workforce reduction.
- The layoffs at Menlo Park and Playa Vista are part of a broader AI-driven efficiency push.
- Employees learned of the cuts on May 22 and will depart by July 22.
- CEO Mark Zuckerberg signaled no additional companywide layoffs are planned for 2026.
- The California filings with the Employment Development Department detail the numbers.
- Intuit completed a 17% workforce cut across Los Angeles, San Francisco and San Diego.
- Meta aims to offset AI investments by tightening efficiency and staffing.
- The layoffs align with a broader trend of California tech firms downsizing in 2026.
- The move coincides with new AI tool developments, including Muse Spark.
- More details from LA Times and EDD filings provide broader context.
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