Meta reportedly planning new sweeping layoffs due to AI costs

Meta is reportedly planning significant new layoffs as the company faces mounting costs associated with its investments in artificial intelligence, following previous job cuts in 2022 and 2023.

16 Mar, 03:32 — 16 Mar, 03:32

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hinduMostly Factual3h ago

Meta planning sweeping layoffs as AI costs mount

Meta laid off ‌11,000 staffers in November 2022, or around 13% of its workforce at the time. Around four months later, it announced it was cutting another 10,000 jobs

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Meta reportedly planning new sweeping layoffs due to AI costs

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Meta planning sweeping layoffs as AI costs mount

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