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Business – Silicon Republic

IBM to spend $10bn on quantum over five years EU fines Temu €200m for failing to prevent the sale of illegal products Europe rates highly with Dealroom for tech ecosystem density Cork employee experience firm Poppulo bags France’s Sociabble Dropbox founder Drew Houston steps down after 19 years at helm Micron, SK Hynix hit $1trn valuation amid AI chip demand Netherlands blocks Kyndryl’s Solvinity acquisition Opinion: AI transforming how tenders are written but not how they're evaluated Report: Google to receive highest DMA fine over its Search practices Bloomberg: Prosus asks EU to drop forced sale of Delivery Hero stake Cork’s Republic of Work to launch Celtic Link with partner CodeBase Kyran O’Mahoney on the accessibility gap and a new AI tool to solve it WhatsApp ads could make Irish debut after discussions with DPC SpaceX files publicly for what could be largest IPO in history Nvidia posts record $81.6bn Q1 amid AI infrastructure boom Expedia acquires Dublin’s CarTrawler to expand B2B offerings AIB, Bank of Ireland join group pushing for euro stablecoin Roughly 350 Irish employees reportedly impacted by global cuts at Meta Analog Devices buys Empower Semiconductor in $1.5bn deal Samsung strike talks collapse with chip supply chains in the balance Google launches 'biggest' Search revamp in 25 years with Gemini ‘It’s funny, I went from admiring tech companies to helping found one myself’ Irish business leaders more likely than European peers to value empathy in AI Samsung strike talks closing as global chip supply chains at risk France's Publicis bags LiveRamp for $2.2bn in agentic push Can EU AI Act actually regulate models like Mythos? Pharmaceutical Takeda to cut 4,500 from global workforce Anthropic sets sights on small business after enterprise push Cerebras Systems IPO set to raise more than $5.5bn LinkedIn announces layoffs: 78 Irish jobs reportedly at risk SETU gets new €11.5m IBM system to boost skill development Meta opens WhatsApp to rival AI chatbots to steer clear of EU ire Alphabet’s Isomorphic Labs raises $2.1bn in Series B funding Anthropic upcoming raise could value it above OpenAI – reports Carmaker GM, coding platform GitLab plan hundreds of job cuts AI layoffs do not result in returns for companies, finds report Quantinuum files for IPO as quantum stocks gain popularity Cloudflare cuts headcount by 20pc for leaner, AI-powered workforce Quantexa opens new Dublin office and R&D centre Major European markets still lagging on salary transparency, finds report Anthropic joins forces with SpaceX for Colossus capacity Coimisiún na Meán opens investigation into Meta’s content promotion Dublin’s GridBeyond to support energy efficiency with new global headquarters Coinbase cuts 14pc of jobs to save costs and embrace AI National research partnership to examine flexible work and Ireland’s economy Anthropic, Blackstone, Goldman Sachs to create AI services company Meta bags Assured Robot Intelligence to further humanoid plans Spotify unveils verified badge to distinguish humans from AI Dublin’s Version 1 to acquire CreateFuture consultancy Apple posts ‘best March quarter’ with iPhone sales up 21.6pc Cork HQ for new onshore renewables company Perigus Energy Meta, Microsoft, Amazon and Alphabet post positive quarterlies Oracle reportedly cutting up to 150 Irish jobs The Leaders’ Room: Boston Scientific’s Sean Gayer on a meaningful mission EU finds Meta not doing enough to keep underage users at bay TSMC $231m share sale marks full exit from UK chip designer Arm Datavant opens new global R&D centre in Galway’s Bonham Quay Revolut plans a physical store in Barcelona Report: Meta to undo Manus acquisition after Chinese block 700 fear job cuts at Meta contractor Covalen China blocks Meta’s $2bn Manus acquisition After Amazon, Google commits up to $40bn in Anthropic Bloomberg: Bezos’ Project Prometheus bags $10bn at $38bn value Meta to lay off 10pc of its workforce amid an AI push Intel’s shares soar as Q1 results signal brighter future OpenAI taps Airbnb exec as first EMEA managing director EAM platform Blue Mountain acquires Cork’s CompuCal Calibration Solutions SpaceX agrees right to buy AI coding darling Cursor for $60bn Amazon investing up to $25bn in Anthropic AI infrastructure deal Tim Cook passes Apple leadership to hardware head John Ternus AIM Centre strengthening medtech and life sciences link with new Galway base Kerry Group expands Cork facility as lactose-free demand grows Netflix shares fall on Q2 forecast as co-founder Hastings steps aside The Leaders' Room: Equinix's Peter Lantry on powering Ireland sustainably ‘No more excuses’ as EU launches free age verification app Snap cuts 16pc workforce to prioritise AI and savings Amazon buys Globalstar to bolster Leo's satellite capabilities ASML forecasts €36bn in 2026 net sales amid AI race chip demand Klaviyo building out its engineering team at Dublin facility UK neobank Monzo makes Irish launch after US market exit Meta to pay CoreWeave $21bn for additional cloud capacity Digital rights group EFF leaves X Alibaba leads $293m round in Chinese AI start-up after HappyHorse reveal OpenAI pauses Stargate UK over energy costs US court won't pause Anthropic ban, but wants case expedited Meath ITAD provider ICT acquired by US recycling firm Paladin FT: Bezos's Project Prometheus taps xAI co-founder Kyle Kosic Irish Government approves ‘next-generation sites’ for industry OpenAI purchases online tech talk show TBPN Capacity and speed: Why TikTok shelved its second Irish data centre SpaceX confidentially files for US IPO – reports Intel repurchasing 49pc stake in Leixlip chip factory for $14.2bn Manna, Neurent, Sisterly among EY Entrepreneur of the Year finalists Apple turns 50: 8 of the company's biggest tech milestones OpenAI closes larger than expected funding round of $122bn Oracle cutting thousands of jobs in round of layoffs – CNBC Wearables company Whoop raises $575m in Series G round West Pharmaceutical opens expanded Dublin manufacturing site Musk’s last xAI co-founder quits before SpaceX IPO: reports Bloomberg: Apple to move away from ChatGPT exclusivity for Siri
Meta reportedly reassigns 7,000 jobs ahead of mass layoffs
Suhasini Srinivasaragavan · 2026-05-19 · via Business – Silicon Republic

SiliconRepublic.com has asked Meta about the extent of layoffs in Ireland.

Meta is reportedly reassigning 7,000 workers to new, more AI-aligned roles, just ahead of the sweeping layoffs expected at the company tomorrow (20 May).

According to a memo, first reported by Reuters, Meta’s human resources head Janelle Gale said that the new corporate structure will be “flatter”, with “smaller teams”.

“As org leaders worked on the changes, many of them incorporated AI-native design principles ⁠into their new org structures,” she wrote.

“We’re now at the stage where many orgs can operate with a flatter structure with smaller teams of ​pods/cohorts that can move faster and with more ownership.”

New departments where employees are being transferred include Applied AI Engineering, Agent Transformation Accelerator XFN, Central Analytics and Enterprise Solutions.

This comes as workers at the company are reportedly dissatisfied with leaders over recent moves, leading to angry internal communications and a petition against Meta’s mouse-tracking software used to train the company’s AI models.

Meta’s work structure overhaul comes after the company decided to cut 8,000 jobs – or 10pc of its workforce – last month, in an effort to mitigate its AI-related expenses. 6,000 planned recruitments at the company have also been halted as a result.

Current headcount at Meta stands at 77,986 as of 31 March, with around 1,800 in Ireland. SiliconRepublic.com has asked Meta about the extent of layoffs in Ireland.

The social media giant’s move reflects the growing importance AI is taking at the workplace – no longer merely an optional tool used to improve productivity.

Earlier this year, Meta CEO Mark Zuckerberg said that 2026 might be the year when “AI starts to dramatically change the way that we work”.

“We’re starting to see projects that used to require big teams now be accomplished by a single very talented person,” he said. Zuckerberg is also reportedly developing an AI-powered version of himself to interact with employees.

Similar views around workforce thinning were shared by Amazon after the company cut 16,000 jobs in January, as well as Block, which cut 4,000 jobs in February.

Block head and chair Jack Dorsey said that a “majority of companies” would reach similar conclusions to his around smaller teams and make similar structural changes “within the next year”.

Meanwhile, reports suggest that AI’s uptake in many Irish and UK-based organisations is not adequately supported by targeted investment in skills and technology adoption.

As one of the biggest AI spenders, Meta recently upgraded its capital expenditure budget to $145bn. The company said the expanded budget would help fund its Superintelligence Labs efforts, higher component pricing and additional data centre costs.

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