Reports indicate that Meta may reduce its workforce by up to 20 percent, potentially cutting around 15,800 jobs. This move aims to balance the company’s hefty investments in artificial intelligence and data centers. This downsizing would mark the largest since Meta laid off 22,000 employees between late 2022 and early 2023. The potential layoffs follow Meta’s strategic pivot away from virtual reality and the Metaverse, accompanied by budget cuts and studio closures. Instead, Meta is focusing its resources on attracting AI specialists and expanding its data center capabilities.
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