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Report: Meta Plans New Job Cuts

A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier
A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier
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Report: Meta Plans New Job Cuts

A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier
A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier

Facebook-parent Meta Platforms is planning additional layoffs to be announced in multiple rounds over the next few months, which could match the 13% job cut tally from last year, the Wall Street Journal reported on Friday citing people familiar with the matter.

Meta let go of 11,000 employees four months ago and would be the first Big Tech company to announce a second round of mass layoffs.

The first wave of the new cuts would be announced next week and are likely to hit non-engineering roles the hardest, according to the report.

The company is also expected to shut down some projects and teams in conjunction with these cuts, the report added.

Meta did not immediately respond to a Reuters request for comment.

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Saudi Arabia’s KAUST, University of Connecticut Sign Collaboration Deal in AI

KAUST has signed an agreement with the University of Connecticut to collaborate on advancements in artificial intelligence and clean energy. SPA
KAUST has signed an agreement with the University of Connecticut to collaborate on advancements in artificial intelligence and clean energy. SPA
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Saudi Arabia’s KAUST, University of Connecticut Sign Collaboration Deal in AI

KAUST has signed an agreement with the University of Connecticut to collaborate on advancements in artificial intelligence and clean energy. SPA
KAUST has signed an agreement with the University of Connecticut to collaborate on advancements in artificial intelligence and clean energy. SPA

The King Abdullah University of Science and Technology (KAUST) has signed an agreement with the University of Connecticut to collaborate on advancements in artificial intelligence, clean energy, and other critical fields.
The agreement emphasizes joint research and innovations aimed at addressing regional and global challenges in artificial intelligence, sustainability, clean energy, and health technologies. Its goal is to create an innovative framework for international collaboration, connecting scientific research with practical applications, driving the commercialization of technologies, and benefiting society.
The partnership also includes the development of shared programs to support staff and student exchanges between the two universities, while accelerating the promotion of innovations across various technological sectors.
This collaboration aligns with KAUST's strategic commitment to strengthening global research and educational partnerships, particularly with leading American universities. Both institutions aim to build robust research initiatives that deliver transformative solutions to societal challenges in areas such as artificial intelligence and clean energy.