Investogist
No Result
View All Result
Monday, September 28, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Police Officers who ran over handcuffed man in Ekpoma arrested

    Osun State House of Assembly becomes first to approve state police

    US deficit grows to US$291 billion in July – Reports

    President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    International Breweries Plc to distribute ₦84 billion to shareholders

    International Breweries Plc to distribute ₦84 billion to shareholders

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    NIDF Opens Fourth NGX Capital Raise, Targets ₦45 Billion in Series 12 Offer

    NIDF Opens Fourth NGX Capital Raise, Targets ₦45 Billion in Series 12 Offer

    Ardova Plc led consortium to acquire 100% of Powergas

    Ardova Plc led consortium to acquire 100% of Powergas

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group Notifies Public of Possible Delay to Q3 2026 Results

    UAC of Nigeria Plc shareholders to receive 65 kobo dividend for 2021 Financial Year

    UAC of Nigeria Plc to sell 43% stake in DP World Logistics

    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Police Officers who ran over handcuffed man in Ekpoma arrested

    Osun State House of Assembly becomes first to approve state police

    US deficit grows to US$291 billion in July – Reports

    President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    International Breweries Plc to distribute ₦84 billion to shareholders

    International Breweries Plc to distribute ₦84 billion to shareholders

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    NIDF Opens Fourth NGX Capital Raise, Targets ₦45 Billion in Series 12 Offer

    NIDF Opens Fourth NGX Capital Raise, Targets ₦45 Billion in Series 12 Offer

    Ardova Plc led consortium to acquire 100% of Powergas

    Ardova Plc led consortium to acquire 100% of Powergas

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group Notifies Public of Possible Delay to Q3 2026 Results

    UAC of Nigeria Plc shareholders to receive 65 kobo dividend for 2021 Financial Year

    UAC of Nigeria Plc to sell 43% stake in DP World Logistics

    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Business

Meta cuts 600 AI jobs amid internal restructuring

Wednesday, 22 October 2025, 4:17 pm
in Business, Industry
0
Meta set to lay off employees in Africa, Europe, Asia
Share Share Share Share Send as Email

Meta Platforms Inc. will lay off approximately 600 employees from its Superintelligence Labs division, as the tech giant undertakes a major restructuring to streamline its artificial intelligence operations and refocus on high-priority initiatives.

The cuts, disclosed in an internal memo from Meta’s Chief AI Officer Alexandr Wang, impact several legacy teams, including the Facebook AI Research (FAIR) group, product-focused AI units, and infrastructure support teams. Notably, the newly formed “TBD Lab”—tasked with advancing Meta’s long-term “superintelligence” ambitions—has been spared.

The reductions affect a small fraction of Meta’s several-thousand-strong AI workforce.

U.S.-based employees received notifications as early as 7 a.m. on October 22, with international staff informed over the following days.

Meta is actively encouraging impacted workers to apply for other internal roles, with the company expecting most to transition elsewhere within the organization.

The move follows a turbulent year for Meta’s AI division, including the controversial rollout of its open-source Llama 4 model, which drew criticism for underwhelming performance relative to expectations. The model’s reception reportedly triggered internal scrutiny and a leadership reshuffle in June 2025.

Despite the job cuts, Meta continues to invest heavily in AI. The company poured $14.3 billion into Scale AI—Wang’s former company—earlier this year, and offered more than $100 million in bonuses to poach top talent from rivals such as OpenAI and Google DeepMind. Meta has also committed $27 billion in AI financing for 2025, even as it paused broader AI hiring earlier this year.

Industry analysts view the restructuring as a sign of mounting pressure to convert AI research into real-world, revenue-generating products. Meta is pivoting from broad-based research efforts toward smaller, product-driven teams, mirroring a broader trend across Big Tech.

As Meta sharpens its focus on “superintelligence,” the stakes in the AI arms race are only growing. With competition from OpenAI, Anthropic, Google, and a surge of well-funded startups, the coming year is likely to test whether Meta’s new strategy can deliver both innovation and impact.

Vivian Ifunanya Gerald

Administrator and Writer

Related Posts:

  • 366877
    Nestlé Cuts 16,000 Jobs in a Major Restructuring;…
  • Red Star Express
    Red Star Express Plc to undergo internal restructuring
  • Fiverr
    Fiverr Cuts 20% of Workforce in Major AI-Driven…
  • Chams Plc
    Chams Plc completes Balance Sheet Restructuring
Tags: Featured
Previous Post

FG Spends 35.26% of 2024 Budget on Debt Service, Records ₦13.51tr Fiscal Deficit

Next Post

Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

Next Post
Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

  • Trending
  • Comments
  • Latest
NIDF Opens Fourth NGX Capital Raise, Targets ₦45 Billion in Series 12 Offer

NIDF Opens Fourth NGX Capital Raise, Targets ₦45 Billion in Series 12 Offer

The N80bn Agreement between Flour Mills of Nigeria Plc and Honeywell Group Limited

Flour Mills to execute a Mandatory Take Over offer to Shareholders of Honeywell Flour Mills Plc

Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

Greif Nigeria Plc nears final stage of its voluntary liquidation process

Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

NIDF Opens Fourth NGX Capital Raise, Targets ₦45 Billion in Series 12 Offer

NIDF Opens Fourth NGX Capital Raise, Targets ₦45 Billion in Series 12 Offer

Ardova Plc led consortium to acquire 100% of Powergas

Ardova Plc led consortium to acquire 100% of Powergas

Nigerian Exchange launches a WhatsApp subscription channel for public offers

Nigerian Exchange launches a WhatsApp subscription channel for public offers

CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

FCMB Group Notifies Public of Possible Delay to Q3 2026 Results

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved