Meta plans major workforce reduction as artificial intelligence costs escalate.

Meta plans major workforce reduction as artificial intelligence costs escalate. The tech giant may cut up to 20% of its approximately 79,000-person workforce, potentially affecting nearly 16,000 employees. This would represent the largest layoff at the company since its 2022-2023 restructuring, when Meta eliminated 11,000 and then 10,000 jobs. CEO Mark Zuckerberg is aggressively pivoting toward generative AI competition, committing $600 billion for data center construction through 2028 and offering massive compensation packages to recruit top AI researchers. The company recently acquired Moltbook and is spending billions on additional AI infrastructure. While Meta's spokesperson called the report speculative, executives have begun internal planning for potential cuts.