Sweeping cuts at Meta could see 16,000 jobs lost as company pumps money into AI

CEO Mark Zuckerberg told investors that ‘projects that used to require big teams now be accomplished by a single, very talented person’


play_arrow All United Kingdom News
48 h.
Economics
ID: 8250654818488810435


Similar News expand_more


1 w. US government saw over 300k federal jobs cut during Trump’s first year back in power
Economics
1 w. US workplaces unexpectedly cut 92,000 jobs as unemployment rate climbs to 4.4%
Economics
2 w. Ocado announces huge job cuts as online delivery firm aims to slash costs
Economics
5 d. Porsche to cut more jobs after costly reversal of electric car strategy
Economics
2 w. Ocado to axe 1,000 jobs in UK and worldwide to cut costs by £150million
Economics
1 w. US employers unexpectedly cut 92,000 jobs as unemployment rate rose to 4.4%
Economics
1 M. Major high street fashion retailer collapses into administration with 109 jobs axed
Economics
3 d. Morgan Stanley's recent job cuts included various London credit traders
Economics
6 d. VW to cut 50,000 jobs by 2030 amid Trump tariffs and falling Chinese sales
Economics
9 d. Spring cleaning hack electric scrubber with 'brilliant results' reduced by 25%
Technology
1 M. 'I cut my salary to avoid being caught in a £100,00 tax trap, it's frustrating'
Economics
1 w. Huge layoffs continue in tech and finance firms as major global investment bank cuts 2,500 jobs
Economics
19 h. Plans to cut NHS international workforce appear overambitious, say MPs
Economics
1 M. Unions slates cuts in proposals going before West Lothian Council for budget decisions
Economics
1 w. M&S boosts store worker pay by 6.4%, but drops real living wage pledge
Economics
1 w. US employers likely added 60,000 jobs last month, subdued but a marked improvement over 2025 hiring
Economics
1 M. London sees highest number of illegal work raids as worst industries revealed
Crime
1 M. How I paid off my £330,000 mortgage in just four years: It saved me £70,000 in interest and let me quit my job
Real Estate
3 d. Work begins to demolish historic block in Glasgow after it was gutted in devastating vape shop fire... with workers removing one brick at a time
Real Estate
8 h. How Glasgow vape shop fire highlights dangerous cuts to councils and emergency services
Crime
7 d. UK retailer shuts 11 stores and cuts 70 jobs after falling into administration
Economics
6 d. Butlin's confirms job cuts at popular resort as company issues 'challenging' statement
Economics
1 w. Saks Global to shutter 15 more department stores in bankruptcy restructuring
Economics
11 h. Fears of an AI job massacre grow as Meta plots to axe one in five staff
Crime
1 w. Bosch compact pressure washer that ‘removes dirt quickly’ from patios and cars slashed to £67
Automotive
1 M. Ocado online supermarket planning redundancies with 1,000 jobs at risk
Economics
1 w. Unemployment to jump to 5.3% as UK economy faces slower growth, says OBR
Economics
2 w. Edinburgh uni lecturers voting on further industrial action in ongoing cuts row
Education
2 w. The most lucrative ‘side hustle’ jobs to boost your income by up to £40,000
Economics
1 w. Outdoor storage shed perfect for tidying up messy gardens has price cut
Real Estate
1 w. Want a better job and a pay rise? Eleven ways to progress at work – and avoid a ‘dry promotion’
Economics
4 w. West Lothian Council bosses hope to save £130k with novel street cleaning hack
Real Estate
2 w. UK’s productivity slump to curb growth despite low risk rating – Allianz Trade
Economics
1 M. The World Cup means slashed wages and displacement for some of the Mexico City's poor
Economics
4 w. Amazon deal cuts electric standing desk to £50 with 54% off Devoko model (aff)
Technology
1 w. Compact Bosch pressure washer slashed to £67 'removes dirt quickly' from cars and patios
Automotive
1 w. Can Trump really cut off all trade with Spain? Here’s what the law says
Economics
2 w. BoE chief tees up interest rate cuts this year to prop up ailing economy
Economics
4 w. UK foreign aid cuts set to be deeper than Trump’s slashing of US funds
Economics
5 d. IndiGo boss finally resigns months after airline cancelled nearly 4,500 flights in unprecedented crisis
Travel
4 d. The AI Productivity Paradox: YuLife Research Finds AI Driving Rising Pressure in UK Workplaces
Economics
3 w. 'I took 1 step to clean up my messy home and it's the best thing I've ever done'
Real Estate
1 M. Telecoms giant’s profits dip after losing more than 200,000 broadband customers
Economics
5 d. BREAKING: Woman who made 10 false rape claims 'ruined' lives as men lost kids and jobs
Crime
2 w. Massive rain dump on Sydney leads to flash flooding and rescue operations
Weather
5 d. Unite union cuts Labour funding by 40% amid major rift with Keir Starmer over Birmingham bin strike
Economics
1 w. Some mortgage lenders ‘pause rate cut plans’ amid economic uncertainty
Economics
3 d. Everything we know as major fire breaks out at Bolton industrial estate
Real Estate
8 d. European football: Estupiñán’s derby strike for Milan cuts Inter’s Serie A lead
Sport
Popular countries based on strong economic and political relations
Add Watch Country

arrow_drop_down