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Meta mulls cutting up to one-fifth of staff as soaring AI expenses bite — report

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Meta Platforms is considering layoffs that could affect at least 20% of its workforce as it ramps up spending on artificial-intelligence infrastructure, according to people familiar with the matter cited by Reuters. The move would mark the company’s largest restructuring since cuts in 2022 and early 2023 that eliminated about 21,000 roles. Meta, which reported nearly 79,000 employees as of Dec. 31, is also eyeing productivity gains from AI-assisted tools as part of a broader efficiency drive. A Meta spokesperson called the report speculative. Other tech firms, including Amazon, have recently trimmed staff as they refocus budgets toward AI and data-center investments.

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