News
Meta Eyes 20% Workforce Cut to Fund AI Push
Meta is reportedly weighing layoffs that could affect one in five employees as the company seeks to offset massive spending on AI infrastructure, acquisitions, and hiring.
Key Takeaways
- Meta is weighing layoffs of up to 20% of its roughly 70,000-person workforce
- Cuts are framed as funding AI infrastructure, not correcting over-hiring
- Would be the largest single workforce reduction in Meta's history
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DT Editorial AI··via techcrunch.com