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Will Meta really cut 20% of its staff — and is AI to blame?

The Facebook parent company is reportedly considering mass layoffs as investors question whether the company is overspending on AI.

16 Mar, 12:56 — 16 Mar, 12:56
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marketwatchMostly Factual146d ago

Will Meta really cut 20% of its staff — and is AI to blame?

The Facebook parent company is reportedly considering mass layoffs as investors question whether the company is overspending on AI.

By Christine Ji

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Coverage Timeline

First report: le-figaro · 16 Mar, 10:10Full coverage: 2 · 3hWindow: 3h
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le-figaro16 Mar, 10:10First to report

Meta pourrait licencier 20% de ses effectifs pour compenser ses dépenses en IA

3h later
marketwatch16 Mar, 12:56Latest update

Will Meta really cut 20% of its staff — and is AI to blame?

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