Meta is planning sweeping layoffs that ‌could affect 20% or more of the company, three sources familiar with the ​matter told Reuters, as Meta seeks to offset costly artificial intelligence infrastructure bets ⁠and prepare for greater efficiency brought about by AI-assisted workers. Top executives have recently signaled the plans ‌to other senior leaders at Meta and told them to begin planning how to pare back, two of the people said. “This is speculative reporting about theoretical approaches,” Meta ‌spokesperson ⁠Andy Stone said in response to questions about the plan. Over the last year, CEO Mark Zuckerberg has been pushing Meta to compete more ‌forcefully in generative AI. Meta is also spending at least $2 billion to buy Chinese AI ‌startup Manus, Reuters previously reported.

Source: The Hindu March 16, 2026 13:15 UTC