Meta begins cutting thousands of jobs in sweeping layoffs. Here's how much it's paying in severance. - Business Insider

Meta has begun sending layoff notices to roughly 10% of its roughly 78,000 employees—about 8,000 roles—and is communicating severance package details to affected staff. The move comes after weeks of internal uncertainty, including managers drawing up cost‑cutting plans and other preparatory steps. Reporting on the rollout links the cuts directly to a strategic pivot toward costly AI development and broader reorganization.