Meta weighing 20% workforce layoffs to offset AI infrastructure costs: report
6 hours ago
- #Meta
- #AI
- #Layoffs
- Meta is considering layoffs that could impact at least 20% of its workforce.
- The potential layoffs aim to offset rising AI infrastructure costs and improve efficiency.
- If implemented, this would be Meta's largest restructuring since 2022-2023, which saw 21,000 jobs cut.
- Meta employed nearly 79,000 people as of Dec. 31.
- Other major companies like Amazon have also announced large-scale layoffs tied to AI developments.
- Amazon cut around 16,000 jobs in January, citing efficiency gains from AI.