Meta is reportedly planning significant workforce reductions, potentially affecting up to 20% of its employees, as the company shifts its financial focus toward building out its artificial intelligence infrastructure.
Meta Plans Massive Layoffs
Reports emerge that Meta plans to cut more than 20% of its workforce, potentially affecting up to 16,000 jobs, to fund AI infrastructure.
Layoff Plans Confirmed in Reports
Further reports confirm Meta's plan to cut over 20% of its workforce, impacting up to 16,000 jobs, as spending on AI ramps up.