NEW YORK/SAN FRANCISCO, March 13 (Reuters) - 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.No date has been set for the cuts and the magnitude has not been finalized, the people said.
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... ...more
RSK: They say it won't affect the amount of space needed for offices but will have more attractive settings and room for collaboration. We shall see.
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- - Volume: 26 - WEEK: 14 Date: 3/31/2026 9:35:13 PM -