Meta Releases AI Product Muse Spark and Announces a 10% Layoff to Optimize Operational Efficiency
On April 23, 2026, Meta launched the generative AI product 'Muse Spark,' marking a strategic shift from the metaverse to AI. Simultaneously, an internal memo revealed plans to cut 10% of staff (about 8,000 employees) and halt hiring for 6,000 vacant positions, effective May 20, led by the Chief Human Resources Officer to reduce workforce costs.....