Meta is planning its largest-ever layoffs, potentially impacting over 20% of its workforce that equals to about 15,000-plus employees. This significant move is driven by soaring AI infrastructure costs and a strategic shift towards leaner, AI-assisted operations. Executives are already mapping out reductions, as the company invests billions in AI development and acquisitions, while facing internal challenges with its AI models. Meta is planning its largest-ever layoffs, potentially impacting over 20% of its workforce that equals to about 15,000-plus employees. This significant move is driven by soaring AI infrastructure costs and a strategic shift towards leaner, AI-assisted operations. Executives are already mapping out reductions, as the company invests billions in AI development and acquisitions, while facing internal challenges with its AI models.
Trending
- India’s Nobel Prize paradox: A long gap for laureates and why Mahatma Gandhi remains the most famous non-winner
- After IndiGo and Air India, now Akasa Air to levy fuel surcharge – check details
- TMC and BJP supporters clash in Kolkata hours before PM Modi’s rally
- ‘Surviving loan by loan’: Pak’s wallet could take another hit from soaring oil prices
- How Ukraine trip unravelled Banksy’s ‘true identity’
- Strait‑up chokehold of Hormuz: How Iran turned Middle East war into global oil supply shock
- MS Dhoni’s last IPL season? Ex-cricketer makes big prediction
- Iran considers allowing a limited number of oil tankers to pass through the Strait of Hormuz